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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:
Year Old Series New Series
(Base year 2011-12) (Base year 2022-23)
2023-24 9.2 7.2
2024-25 6.5 7.1
2025-26 7.4* 7.6**
Note: * First Advance Estimate; ** Second Advance Estimate
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 anInfrastructure 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:
Total Sanctioned
S.N. State District
Amount (₹ in crore)
1 Andhra Pradesh Alluri Sitharama Raju 10.20
2 Andhra Pradesh Parvathipuram Manyam 8.65
3 Andhra Pradesh Visakhapatnam 2.90
4 Andhra Pradesh Vizianagaram 5.00
5 Andhra Pradesh Y.S.R. 18.60
6 Arunachal Pradesh Namsai 20.10
7 Assam Baksa 19.10
8 Assam Barpeta 24.10
9 Assam Darrang 17.60
10 Assam Dhubri 8.80
11 Assam Goalpara 7.20
12 Assam Hailakandi 27.70
13 Assam Udalguri 28.10
14 Bihar Araria 6.40
15 Bihar Aurangabad 21.76
16 Bihar Banka 18.10
17 Bihar Begusarai 14.00
18 Bihar Gaya 19.45
19 Bihar Jamui 21.60
20 Bihar Katihar 17.60
21 Bihar Khagaria 32.90
22 Bihar Muzaffarpur 30.06
23 Bihar Nawada 24.60
24 Bihar Purnia 10.40
25 Bihar Sheikhpura 13.92
26 Bihar Sitamarhi 8.10
27 Chhattisgarh Bastar 14.70
28 Chhattisgarh Bijapur 21.50
29 Chhattisgarh Dantewada 1.13
30 Chhattisgarh Kanker 5.73
31 Chhattisgarh Kondagaon 26.80
32 Chhattisgarh Korba 0.10
33 Chhattisgarh Mahasamund 13.10
34 Chhattisgarh Mohla-Manpur- A Chowki 5.21Total Sanctioned
S.N. State District
Amount (₹ in crore)
35 Chhattisgarh Narayanpur 21.70
36 Chhattisgarh Rajnandgaon 7.00
37 Chhattisgarh Sukma 24.30
38 Gujarat Dahod 13.20
39 Gujarat Narmada 12.96
40 Haryana Nuh 27.30
41 Himachal Pradesh Chamba 19.30
42 Jammu & Kashmir Baramulla 24.10
43 Jammu & Kashmir Kupwara 9.10
44 Jharkhand Bokaro 2.60
45 Jharkhand Chatra 0.10
46 Jharkhand Dumka 25.30
47 Jharkhand Garhwa 19.60
48 Jharkhand Giridih 7.40
49 Jharkhand Godda 2.05
50 Jharkhand Gumla 18.40
51 Jharkhand Hazaribagh 3.30
52 Jharkhand Khunti 14.10
53 Jharkhand Latehar 5.10
54 Jharkhand Lohardaga 21.33
55 Jharkhand Pakur 5.00
56 Jharkhand Palamu 16.10
57 Jharkhand West Singhbhum 3.40
58 Jharkhand East Singhbum 7.55
59 Jharkhand Ramgarh 3.84
60 Jharkhand Ranchi 13.10
61 Jharkhand Sahebganj 29.55
62 Jharkhand Simdega 22.70
63 Karnataka Raichur 13.96
64 Karnataka Yadgir 20.20
65 Kerala Wayanad 18.60
66 Madhya Pradesh Barwani 16.30
67 Madhya Pradesh Chhatarpur 26.30
68 Madhya Pradesh Damoh 12.60
69 Madhya Pradesh Guna 10.80
70 Madhya Pradesh Khandwa 14.00
71 Madhya Pradesh Rajgarh 10.40
72 Madhya Pradesh Singrauli 0.10Total Sanctioned
S.N. State District
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 32.90
78 Manipur Chandel 22.76
79 Meghalaya Ri Bhoi 22.60
80 Mizoram Mamit 23.10
81 Nagaland Kiphire 16.55
82 Odisha Balangir 18.10
83 Odisha Dhenkanal 10.80
84 Odisha Gajapati 31.10
85 Odisha Kalahandi 10.95
86 Odisha Kandhamal 14.10
87 Odisha Koraput 8.30
88 Odisha Malkangiri 17.10
89 Odisha Nabarangapur 11.10
90 Odisha Nuapada 22.10
91 Odisha Raygada 9.30
92 Punjab Ferozpur 28.20
93 Punjab Moga 14.10
94 Rajasthan Baran 21.54
95 Rajasthan Dholpur 24.79
96 Rajasthan Jaisalmer 13.49
97 Rajasthan Karauli 9.10
98 Rajasthan Sirohi 4.80
99 Sikkim Soreng 8.50
100 Sikkim West District 10.00
101 Tamil Nadu Ramanathapuram 18.10
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 28.3Total Sanctioned
S.N. State District
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 10.50
115 Uttarakhand Haridwar 21.20
116 Uttarakhand Udam Singh Nagar 12.18
117 Jharkhand All Districts 20.30