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Budget 2025 FM Exclusive: Capex Still Primary Growth Engine, Consumption Push An Addition, Says Sitharaman

With capex accounting for 4.3% of the GDP, FM Sitharaman said that borrowings are being responsibly used for infrastructure development.

<div class="paragraphs"><p>The FM has highlighted that the government has increased capex spending by 10% this year to Rs 11.21 lakh crore. (Photo: NDTV Profit)</p></div>
The FM has highlighted that the government has increased capex spending by 10% this year to Rs 11.21 lakh crore. (Photo: NDTV Profit)
Even as the Union Budget 2025 sparks enthusiasm around consumption, Finance Minister Nirmala Sitharaman has made it clear—capital expenditure remains one of India's primary growth driver, and the rising focus on consumption is an addition, not a pivot."We have not moved away from capex. Consumption is just an addition," Sitharaman told NDTV Profit in an exclusive interview, dismissing speculation that Budget 2025 prioritises consumpt...
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