Lok Sabha Question No. 513 (STARRED), answered on 2026-03-30
Subject: Public Capital Expenditure Support for Infrastructure Growth
Ministry: FINANCE
Asked by: Shri Balabhadra Majhi, Smt. Aparajita Sarangi

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA STARRED QUESTION NO. 513

Answered on Monday, March 30, 2026/ Chaitra 09, 1948 (Saka)

## Public Capital Expenditure Support for Infrastructure Growth

- *513. Smt. Aparajita Sarangi:

Shri Balabhadra Majhi:

Will the Minister of FINANCE be pleased to state:

- (a) the manner in which Rs.12.2 lakh crore Public Capex proposed in the FY 2026-27 is likely to support infrastructure-led economic growth in the current fiscal across the country, including the likely benefits for regions such as the Nabarangpur Lok Sabha Constituency in Odisha and the total funds allocated for aspirational districts like Dahod in Gujarat;
- (b)  the  specific  impact  of  the  revised  Gross  Domestic  Product  (GDP)  and  Consumer  Price Index (CPI) series on measuring India's post-pandemic economic recovery;
- (c) whether the Government is likely to achieve the nominal GDP growth estimate of 10 per cent for the year 2026-27, if so, the details thereof; and
- (d)  the  manner  in  which  the  Infrastructure  Risk  Guarantee  Fund  is  incentivising  private developers  to  participate  in  large-scale  national  infrastructure  projects,  including  those benefitting the Nabarangpur Lok Sabha Constituency in Odisha?

## ANSWER MINISTER OF FINANCE (SMT. NIRMALA SITHARAMAN)

- (a) to (d): A statement is laid on the Table of the House.

## STATEMENT  REFERRED  TO  IN  REPLY  TO  THE  LOK  SABHA  STARRED QUESTION  NO.  *513,  RAISED  BY  SMT.  APARAJITA  SARANGI  AND  SHRI BALABHADRA MAJHI FOR 30 MARCH 2026 ON PUBLIC CAPITAL EXPENDITURE SUPPORT FOR INFRASTRUCTURE GROWTH

- (a) The Government of India's capital outlay has increased by nearly 106 per cent, from ₹5.92 lakh crore in FY22 to a budgeted allocation of ₹12.2 lakh crore for FY27, recognising the strong multiplier effects that infrastructure generates on the economy. As per the Economic Survey 2025-26, public expenditure on infrastructure has a high multiplier effect, estimated to be around 2.5 to 3.5 times the GDP over the medium term. Therefore, the proposed public capital expenditure is intended to sustain and further strengthen infrastructure led growth across the country in FY27.

In so far as the funds allocated to Aspirational Districts (including Dahod) are concerned, the details of the amounts sanctioned under the Aspirational Districts Programme of NITI Aayog, since the inception of the programme, are placed at Annexure .

(b) & (c) The new GDP series (Base Year = 2022-23) and Consumer Price Index (Base Year = 2024) released by Ministry of Statistics and Programme Implementation incorporates improved data sources and methodologies, resulting in a better measurement of economic activity. The revisions to real GDP growth under the new GDP series are as follows:

Note: * First Advance Estimate; ** Second Advance Estimate

| Year    | Old Series (Base year 2011-12)   | New Series (Base year 2022-23)   |
|---------|----------------------------------|----------------------------------|
| 2023-24 | 9.2                              | 7.2                              |
| 2024-25 | 6.5                              | 7.1                              |
| 2025-26 | 7.4*                             | 7.6**                            |

The data points that the real GDP growth has remained above 7 per cent during FY24 to FY26, thereby reflecting a sustained and resilient post-pandemic economic recovery. Importantly, this growth has been achieved without triggering an inflationary spiral. The average retail inflation for FY 2025-26 stands at 1.9% as of end-February 2026. Building on the sustained growth performance in recent years, real GDP growth is projected at 7.0-7.4 per cent for 2026-27, as per the Department of Economic Affairs' Monthly Economic Review for February 2026. Given moderate  inflation,  along  with  strong  domestic  demand,  continued  public  investment,  and stable macroeconomic fundamentals, Indian economy is likely to achieve the nominal GDP growth estimate of 10 per cent for the year 2026-27, as envisaged in Budget 2026-27.

(d) To strengthen the confidence of private developers regarding risks during infrastructure development  and  construction  phase,  Government  announced  the  establishment  of  an

Infrastructure Risk Guarantee Fund (IRGF) in the Union Budget 2026-27 to provide prudently calibrated partial credit guarantees to lenders.

Such  calibrated  support  is  aimed  to  incentivise  private  developers  to  participate  in  large national projects, which may include future projects located in the Nabarangpur Lok Sabha Constituency, by improving project viability and reducing uncertainty during the development phase.

*******

## Annexure

District wise details of funds sanctioned to Aspirational Districts for the period from December 2018  to  March  2026  (till  17.03.2026) under  the Aspirational  Districts  Programme  are  as follows:

|   S.N. | State             | District              |   Total Sanctioned Amount ( ₹ in crore) |
|--------|-------------------|-----------------------|-----------------------------------------|
|      1 | Andhra Pradesh    | Alluri Sitharama Raju |                                   10.2  |
|      2 | Andhra Pradesh    | Parvathipuram Manyam  |                                    8.65 |
|      3 | Andhra Pradesh    | Visakhapatnam         |                                    2.9  |
|      4 | Andhra Pradesh    | Vizianagaram          |                                    5    |
|      5 | Andhra Pradesh    | Y.S.R.                |                                   18.6  |
|      6 | Arunachal Pradesh | Namsai                |                                   20.1  |
|      7 | Assam             | Baksa                 |                                   19.1  |
|      8 | Assam             | Barpeta               |                                   24.1  |
|      9 | Assam             | Darrang               |                                   17.6  |
|     10 | Assam             | Dhubri                |                                    8.8  |
|     11 | Assam             | Goalpara              |                                    7.2  |
|     12 | Assam             | Hailakandi            |                                   27.7  |
|     13 | Assam             | Udalguri              |                                   28.1  |
|     14 | Bihar             | Araria                |                                    6.4  |
|     15 | Bihar             | Aurangabad            |                                   21.76 |
|     16 | Bihar             | Banka                 |                                   18.1  |
|     17 | Bihar             | Begusarai             |                                   14    |
|     18 | Bihar             | Gaya                  |                                   19.45 |
|     19 | Bihar             | Jamui                 |                                   21.6  |
|     20 | Bihar             | Katihar               |                                   17.6  |
|     21 | Bihar             | Khagaria              |                                   32.9  |
|     22 | Bihar             | Muzaffarpur           |                                   30.06 |
|     23 | Bihar             | Nawada                |                                   24.6  |
|     24 | Bihar             | Purnia                |                                   10.4  |
|     25 | Bihar             | Sheikhpura            |                                   13.92 |
|     26 | Bihar             | Sitamarhi             |                                    8.1  |
|     27 | Chhattisgarh      | Bastar                |                                   14.7  |
|     28 | Chhattisgarh      | Bijapur               |                                   21.5  |
|     29 | Chhattisgarh      | Dantewada             |                                    1.13 |
|     30 | Chhattisgarh      | Kanker                |                                    5.73 |
|     31 | Chhattisgarh      | Kondagaon             |                                   26.8  |
|     32 | Chhattisgarh      | Korba                 |                                    0.1  |
|     33 | Chhattisgarh      | Mahasamund            |                                   13.1  |
|     34 | Chhattisgarh      | Mohla-Manpur- AChowki |                                    5.21 |

|   S.N. | State            | District       |   Total Sanctioned Amount ( ₹ in crore) |
|--------|------------------|----------------|-----------------------------------------|
|     35 | Chhattisgarh     | Narayanpur     |                                   21.7  |
|     36 | Chhattisgarh     | Rajnandgaon    |                                    7    |
|     37 | Chhattisgarh     | Sukma          |                                   24.3  |
|     38 | Gujarat          | Dahod          |                                   13.2  |
|     39 | Gujarat          | Narmada        |                                   12.96 |
|     40 | Haryana          | Nuh            |                                   27.3  |
|     41 | Himachal Pradesh | Chamba         |                                   19.3  |
|     42 | Jammu &Kashmir   | Baramulla      |                                   24.1  |
|     43 | Jammu &Kashmir   | Kupwara        |                                    9.1  |
|     44 | Jharkhand        | Bokaro         |                                    2.6  |
|     45 | Jharkhand        | Chatra         |                                    0.1  |
|     46 | Jharkhand        | Dumka          |                                   25.3  |
|     47 | Jharkhand        | Garhwa         |                                   19.6  |
|     48 | Jharkhand        | Giridih        |                                    7.4  |
|     49 | Jharkhand        | Godda          |                                    2.05 |
|     50 | Jharkhand        | Gumla          |                                   18.4  |
|     51 | Jharkhand        | Hazaribagh     |                                    3.3  |
|     52 | Jharkhand        | Khunti         |                                   14.1  |
|     53 | Jharkhand        | Latehar        |                                    5.1  |
|     54 | Jharkhand        | Lohardaga      |                                   21.33 |
|     55 | Jharkhand        | Pakur          |                                    5    |
|     56 | Jharkhand        | Palamu         |                                   16.1  |
|     57 | Jharkhand        | West Singhbhum |                                    3.4  |
|     58 | Jharkhand        | East Singhbum  |                                    7.55 |
|     59 | Jharkhand        | Ramgarh        |                                    3.84 |
|     60 | Jharkhand        | Ranchi         |                                   13.1  |
|     61 | Jharkhand        | Sahebganj      |                                   29.55 |
|     62 | Jharkhand        | Simdega        |                                   22.7  |
|     63 | Karnataka        | Raichur        |                                   13.96 |
|     64 | Karnataka        | Yadgir         |                                   20.2  |
|     65 | Kerala           | Wayanad        |                                   18.6  |
|     66 | Madhya Pradesh   | Barwani        |                                   16.3  |
|     67 | Madhya Pradesh   | Chhatarpur     |                                   26.3  |
|     68 | Madhya Pradesh   | Damoh          |                                   12.6  |
|     69 | Madhya Pradesh   | Guna           |                                   10.8  |
|     70 | Madhya Pradesh   | Khandwa        |                                   14    |
|     71 | Madhya Pradesh   | Rajgarh        |                                   10.4  |
|     72 | Madhya Pradesh   | Singrauli      |                                    0.1  |

|   S.N. | State          | District                 |   Total Sanctioned Amount ( ₹ in crore) |
|--------|----------------|--------------------------|-----------------------------------------|
|     73 | Madhya Pradesh | Vidisha                  |                                   18.82 |
|     74 | Maharashtra    | Gadhichiroli             |                                   12.57 |
|     75 | Maharashtra    | Nandurbar                |                                   36.27 |
|     76 | Maharashtra    | Osmanabad                |                                   25.28 |
|     77 | Maharashtra    | Washim                   |                                   32.9  |
|     78 | Manipur        | Chandel                  |                                   22.76 |
|     79 | Meghalaya      | Ri Bhoi                  |                                   22.6  |
|     80 | Mizoram        | Mamit                    |                                   23.1  |
|     81 | Nagaland       | Kiphire                  |                                   16.55 |
|     82 | Odisha         | Balangir                 |                                   18.1  |
|     83 | Odisha         | Dhenkanal                |                                   10.8  |
|     84 | Odisha         | Gajapati                 |                                   31.1  |
|     85 | Odisha         | Kalahandi                |                                   10.95 |
|     86 | Odisha         | Kandhamal                |                                   14.1  |
|     87 | Odisha         | Koraput                  |                                    8.3  |
|     88 | Odisha         | Malkangiri               |                                   17.1  |
|     89 | Odisha         | Nabarangapur             |                                   11.1  |
|     90 | Odisha         | Nuapada                  |                                   22.1  |
|     91 | Odisha         | Raygada                  |                                    9.3  |
|     92 | Punjab         | Ferozpur                 |                                   28.2  |
|     93 | Punjab         | Moga                     |                                   14.1  |
|     94 | Rajasthan      | Baran                    |                                   21.54 |
|     95 | Rajasthan      | Dholpur                  |                                   24.79 |
|     96 | Rajasthan      | Jaisalmer                |                                   13.49 |
|     97 | Rajasthan      | Karauli                  |                                    9.1  |
|     98 | Rajasthan      | Sirohi                   |                                    4.8  |
|     99 | Sikkim         | Soreng                   |                                    8.5  |
|    100 | Sikkim         | West District            |                                   10    |
|    101 | Tamil Nadu     | Ramanathapuram           |                                   18.1  |
|    102 | Tamil Nadu     | Virudhunagar             |                                   21.6  |
|    103 | Telangana      | Bhadradri-Kothagudem     |                                   11.4  |
|    104 | Telangana      | Jayashankar Bhupalapally |                                   13.6  |
|    105 | Telangana      | Kumuram Bheem -Asifabad  |                                    8.1  |
|    106 | Tripura        | Dhalai                   |                                   30.3  |
|    107 | Uttar Pradesh  | Bahraich                 |                                   16.37 |
|    108 | Uttar Pradesh  | Balrampur                |                                   20.5  |
|    109 | Uttar Pradesh  | Chandauli                |                                   40.2  |
|    110 | Uttar Pradesh  | Chitrakoot               |                                   28.3  |

|   S.N. | State         | District         |   Total Sanctioned Amount ( ₹ in crore) |
|--------|---------------|------------------|-----------------------------------------|
|    111 | Uttar Pradesh | Fatehpur         |                                   30.13 |
|    112 | Uttar Pradesh | Shravasti        |                                   19    |
|    113 | Uttar Pradesh | Siddharth Nagar  |                                   17.5  |
|    114 | Uttar Pradesh | Sonbhadra        |                                   10.5  |
|    115 | Uttarakhand   | Haridwar         |                                   21.2  |
|    116 | Uttarakhand   | Udam Singh Nagar |                                   12.18 |
|    117 | Jharkhand     | All Districts    |                                   20.3  |