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A massive push has been undertaken to address infrastructure and logistics bottlenecks. Capital investment has increased from 1.7% of GDP in FY2013-14 to 3.2% in FY2024-25, with effective capital expenditure at 4.1% of GDP. Over the last 11 years, 88 airports have been operationalised, 31,000 km of new rail...

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Nirmala Sitharaman Office

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Under the ‘Special Assistance to States for Capital Investment (SASCI)’ scheme, the Central Government provides financial support to states for capital projects through 50-year, interest-free loans, aimed at boosting capital expenditure. Assam has been utilising these funds in a planned and effective manner for asset creation across the state and ranks among the top states in optimal utilisation of resources under the SASCI scheme. - Smt Nirmala Sitharaman in Guwahati, Assam.
1:45

Under the ‘Special Assistance to States for Capital Investment (SASCI)’ scheme, the Central Government provides financial support to states for capital projects through 50-year, interest-free loans, aimed at boosting capital expenditure. Assam has been utilising these funds in a planned and effective manner for asset creation across the state and ranks among the top states in optimal utilisation of resources under the SASCI scheme. - Smt Nirmala Sitharaman in Guwahati, Assam.

Nirmala Sitharaman Office

13,480 Aufrufe • vor 9 Monaten

Under the UPA from 2004–14, states received ₹18.54 lakh crore in Tax Devolution. Under the NDA from 2014–24, this has risen to ₹71 lakh crore. Extending to 2025–26, total tax devolution under NDA reaches ₹84.87 lakh crore. Beyond Finance Commission recommendations, the Centre has also provided ₹4.24 lakh crore in 50-year, interest-free loans to the states under Special Assistance to States for Capital Investment (SASCI) Scheme. - Smt Nirmala Sitharaman in Rajya Sabha.
8:16

Under the UPA from 2004–14, states received ₹18.54 lakh crore in Tax Devolution. Under the NDA from 2014–24, this has risen to ₹71 lakh crore. Extending to 2025–26, total tax devolution under NDA reaches ₹84.87 lakh crore. Beyond Finance Commission recommendations, the Centre has also provided ₹4.24 lakh crore in 50-year, interest-free loans to the states under Special Assistance to States for Capital Investment (SASCI) Scheme. - Smt Nirmala Sitharaman in Rajya Sabha.

Nirmala Sitharaman Office

51,257 Aufrufe • vor 8 Monaten

Over the past decade, a significant thrust on infrastructure development has also created a strong foundation for manufacturing-led growth by bolstering investor confidence. This has been enabled by a more than fourfold increase in the Union Government’s capital expenditure (Capex) between 2017–18 and the 2025–26 Budget. - Smt Nirmala Sitharaman at the Hoover Institution in Stanford University in California. India in San Francisco India in USA
2:11

Over the past decade, a significant thrust on infrastructure development has also created a strong foundation for manufacturing-led growth by bolstering investor confidence. This has been enabled by a more than fourfold increase in the Union Government’s capital expenditure (Capex) between 2017–18 and the 2025–26 Budget. - Smt Nirmala Sitharaman at the Hoover Institution in Stanford University in California. India in San Francisco India in USA

Nirmala Sitharaman Office

32,021 Aufrufe • vor 1 Jahr

Even by an accountant’s standards, it was a poor account of the management of the finances in 2025-26. Revenue receipts were short by Rs 78,086 crore, total expenditure was short by Rs 1,00,503 crore. Revenue expenditure was short by Rs 75,168 crore and capital expenditure was cut by Rs 1,44,376 crore (Centre Rs 25,335 crore and States Rs 1,19,041 crore). Not a word was said to explain this miserable performance. Actually, the Centre’s capital expenditure has fallen from 3.2 per cent of GDP in 2024-25 to 3.1 per cent in 2025-26. In revenue expenditure, the cuts have fallen in heads that concern the common people. Examples: ⦁ Rural Development: Rs 53,067 crore ⦁ Urban Development: Rs 39,573 crore ⦁ Social Welfare: Rs 9,999 crore ⦁ Agriculture: Rs 6,985 crore ⦁ Education: Rs 6,701 crore ⦁ Health: Rs 3,686 crore Funds have been cut in crucial sectors and programmes. Expenditure on the much-vaunted Jal Jeevan Mission was cruelly cut from Rs 67,000 crore to a paltry Rs 17,000 crore. (In 2026-27, it has been boosted to Rs 67,670 crore, but what credibility does the number have?) After the months-long exercise, the revised estimate of the fiscal deficit has adhered to the budget estimate of 4.4 per cent, and the projection for 2026-27 is that the fiscal deficit will fall by a meagre 0.1 per cent of GDP. The revenue deficit will remain at 1.5 per cent. It is certainly not a bold exercise in fiscal prudence and consolidation. The most serious criticism of the Budget speech is that the Finance Minister is not tired of adding to the number of schemes, programmes, missions, institutes, initiatives, funds, committees, hubs, etc. I counted at least 24. I leave it to your imagination how many of these will be forgotten and vanish by next year. : Former Finance Minister Shri P. Chidambaram
4:50

Even by an accountant’s standards, it was a poor account of the management of the finances in 2025-26. Revenue receipts were short by Rs 78,086 crore, total expenditure was short by Rs 1,00,503 crore. Revenue expenditure was short by Rs 75,168 crore and capital expenditure was cut by Rs 1,44,376 crore (Centre Rs 25,335 crore and States Rs 1,19,041 crore). Not a word was said to explain this miserable performance. Actually, the Centre’s capital expenditure has fallen from 3.2 per cent of GDP in 2024-25 to 3.1 per cent in 2025-26. In revenue expenditure, the cuts have fallen in heads that concern the common people. Examples: ⦁ Rural Development: Rs 53,067 crore ⦁ Urban Development: Rs 39,573 crore ⦁ Social Welfare: Rs 9,999 crore ⦁ Agriculture: Rs 6,985 crore ⦁ Education: Rs 6,701 crore ⦁ Health: Rs 3,686 crore Funds have been cut in crucial sectors and programmes. Expenditure on the much-vaunted Jal Jeevan Mission was cruelly cut from Rs 67,000 crore to a paltry Rs 17,000 crore. (In 2026-27, it has been boosted to Rs 67,670 crore, but what credibility does the number have?) After the months-long exercise, the revised estimate of the fiscal deficit has adhered to the budget estimate of 4.4 per cent, and the projection for 2026-27 is that the fiscal deficit will fall by a meagre 0.1 per cent of GDP. The revenue deficit will remain at 1.5 per cent. It is certainly not a bold exercise in fiscal prudence and consolidation. The most serious criticism of the Budget speech is that the Finance Minister is not tired of adding to the number of schemes, programmes, missions, institutes, initiatives, funds, committees, hubs, etc. I counted at least 24. I leave it to your imagination how many of these will be forgotten and vanish by next year. : Former Finance Minister Shri P. Chidambaram

Congress

53,786 Aufrufe • vor 6 Monaten

West Bengal has never been ignored by this government. In fact, it is the TMC government that is hurting the growth of the people of West Bengal. West Bengal withdrew from the Ayushman Bharat Scheme in January 2019. Is that good for the people of Bengal? Industries are leaving West Bengal. From 1 April 2011 to 30 September 2025, 448 listed companies and 6,447 unlisted companies have exited the state. Since 2014, ₹5.94 lakh crore has been given to West Bengal as tax devolution - a 4.4× increase compared to the ₹1.34 lakh crore provided during 2004–14. Under SASCI, ₹24,000 crore has been provided as 50-year interest-free loans. AIIMS Kalyani in West Bengal has been opened. Eleven medical colleges have been approved in West Bengal under the Centrally Sponsored Scheme (CSS). Under the NDA government, West Bengal received a record railway budget allocation of ₹13,955 crore for 2025–26, which is more than three times the average outlay of ₹4,380 crore during 2009–14. 101 Amrit Stations are being developed in West Bengal at a cost of ₹3,847.5 crore. 1,650 km of railway lines have been electrified - taking total electrification in West Bengal to over 98%. Over 2,300 km of National Highways have been constructed in West Bengal since April 2014. In August 2024, the Government of India approved the development of Bagdogra Airport in Siliguri, West Bengal, at an estimated cost of ₹1,549 crore. - Smt. Nirmala Sitharaman, replying to the discussion on the Central Excise (Amendment) Bill, 2025 in the Rajya Sabha. BJP West Bengal
7:29

West Bengal has never been ignored by this government. In fact, it is the TMC government that is hurting the growth of the people of West Bengal. West Bengal withdrew from the Ayushman Bharat Scheme in January 2019. Is that good for the people of Bengal? Industries are leaving West Bengal. From 1 April 2011 to 30 September 2025, 448 listed companies and 6,447 unlisted companies have exited the state. Since 2014, ₹5.94 lakh crore has been given to West Bengal as tax devolution - a 4.4× increase compared to the ₹1.34 lakh crore provided during 2004–14. Under SASCI, ₹24,000 crore has been provided as 50-year interest-free loans. AIIMS Kalyani in West Bengal has been opened. Eleven medical colleges have been approved in West Bengal under the Centrally Sponsored Scheme (CSS). Under the NDA government, West Bengal received a record railway budget allocation of ₹13,955 crore for 2025–26, which is more than three times the average outlay of ₹4,380 crore during 2009–14. 101 Amrit Stations are being developed in West Bengal at a cost of ₹3,847.5 crore. 1,650 km of railway lines have been electrified - taking total electrification in West Bengal to over 98%. Over 2,300 km of National Highways have been constructed in West Bengal since April 2014. In August 2024, the Government of India approved the development of Bagdogra Airport in Siliguri, West Bengal, at an estimated cost of ₹1,549 crore. - Smt. Nirmala Sitharaman, replying to the discussion on the Central Excise (Amendment) Bill, 2025 in the Rajya Sabha. BJP West Bengal

Nirmala Sitharaman Office

72,235 Aufrufe • vor 8 Monaten

#WATCH | Delhi: When asked about his reaction on private capital expenditure (CAPEX) not coming in and growth is happening only because of Govt CAPEX over the last 3-4 years, Neelkanth Mishra, Executive Director for India at the World Bank Headquarters, says, "In the economy, investment to GDP, as reported by the CSO or the MoSPI, is 32% of GDP. Central government CAPEX is 3.2% of GDP. So the central government is one-tenth of overall CAPEX. Central government CAPEX as a percentage of GDP, in the last three years, has moved by 10 basis points. So you think that all of CAPEX is happening with the centre? Just because it is in the narrative and every media house is based in Delhi, it doesn't mean that the only central government is handling the economy. A large part of CAPEX happens when houses are built. Household CAPEX, capital formation, is where people add a room to their house or a floor to their house. Then someone gets a son who is married, someone, two brothers separate, and they build separate floors. Those are things which are at a population scale substantial for capital formation. Look at what is happening with steel. I mean, the other day I saw this compilation of some 100 million tons of steel capacity being planned in Odisha. That's massive. That is how CAPEX happens... CAPEX has picked up power generation. Corporate credit is starting to pick up. All these narratives that private CAPEX is not happening are like this..."
1:52

#WATCH | Delhi: When asked about his reaction on private capital expenditure (CAPEX) not coming in and growth is happening only because of Govt CAPEX over the last 3-4 years, Neelkanth Mishra, Executive Director for India at the World Bank Headquarters, says, "In the economy, investment to GDP, as reported by the CSO or the MoSPI, is 32% of GDP. Central government CAPEX is 3.2% of GDP. So the central government is one-tenth of overall CAPEX. Central government CAPEX as a percentage of GDP, in the last three years, has moved by 10 basis points. So you think that all of CAPEX is happening with the centre? Just because it is in the narrative and every media house is based in Delhi, it doesn't mean that the only central government is handling the economy. A large part of CAPEX happens when houses are built. Household CAPEX, capital formation, is where people add a room to their house or a floor to their house. Then someone gets a son who is married, someone, two brothers separate, and they build separate floors. Those are things which are at a population scale substantial for capital formation. Look at what is happening with steel. I mean, the other day I saw this compilation of some 100 million tons of steel capacity being planned in Odisha. That's massive. That is how CAPEX happens... CAPEX has picked up power generation. Corporate credit is starting to pick up. All these narratives that private CAPEX is not happening are like this..."

ANI

26,742 Aufrufe • vor 2 Monaten

Gautam Adani at AdaniAGM2026 made three major announcements: 1. The group made a record capital investment of over ₹1.5 lakh crore in infrastructure, which accounts for more than 30% of India’s total new private sector capex in FY26. 2. Adani Power will execute India’s largest-ever private sector power capex of over ₹2 lakh crore, targeting 45 GW capacity in the next five years. 3. The group is entering the nuclear energy sector through Adani Atomic Energy, with a target of 10 GW capacity by 2035. Land has already been identified for the project. 4. Group also announced plans to build a 3 GW data center platform by 2030, including a gigawatt-scale project with Google.
1:52

Gautam Adani at AdaniAGM2026 made three major announcements: 1. The group made a record capital investment of over ₹1.5 lakh crore in infrastructure, which accounts for more than 30% of India’s total new private sector capex in FY26. 2. Adani Power will execute India’s largest-ever private sector power capex of over ₹2 lakh crore, targeting 45 GW capacity in the next five years. 3. The group is entering the nuclear energy sector through Adani Atomic Energy, with a target of 10 GW capacity by 2035. Land has already been identified for the project. 4. Group also announced plans to build a 3 GW data center platform by 2030, including a gigawatt-scale project with Google.

Kreately.in

200,066 Aufrufe • vor 1 Monat

Make States builders, not borrowers. My suggestion to the Hon’ble Finance Minister. In Parliament, I flagged two bottlenecks holding back State CAPEX. First, the borrowing cap. States cannot raise more than 3% of state GDP. Second, even when the Centre supports CAPEX, it often comes as a conditional loan. Replace conditional Loans with Grants based on trust. For every ₹1 a State spends on CAPEX, the Centre should match it with a ₹1 grant.This can help States build assets, create jobs and act as a true growth multiplier. Over the next five years, allocate about ₹1.5 lakh crore as CAPEX grants so States can build roads, irrigation, local power infrastructure, drinking water and urban assets without adding debt to State balance sheets. Every rupee spent on CAPEX can add ₹2 to ₹3 to GDP over 3 to 5 years.
1:54

Make States builders, not borrowers. My suggestion to the Hon’ble Finance Minister. In Parliament, I flagged two bottlenecks holding back State CAPEX. First, the borrowing cap. States cannot raise more than 3% of state GDP. Second, even when the Centre supports CAPEX, it often comes as a conditional loan. Replace conditional Loans with Grants based on trust. For every ₹1 a State spends on CAPEX, the Centre should match it with a ₹1 grant.This can help States build assets, create jobs and act as a true growth multiplier. Over the next five years, allocate about ₹1.5 lakh crore as CAPEX grants so States can build roads, irrigation, local power infrastructure, drinking water and urban assets without adding debt to State balance sheets. Every rupee spent on CAPEX can add ₹2 to ₹3 to GDP over 3 to 5 years.

Raghav Chadha

53,771 Aufrufe • vor 6 Monaten

Since coming to power in 2014: ✅Capital to the tune of Rs. 17,450 crore has been infused in 3 other public sector general insurance companies to strengthen their capital base. As a result of these and other measures taken, LIC, GIC-Re and Agriculture Insurance Company of India Ltd (AICIL) reported their highest-ever profits last year, while other companies have also started turning profitable. ✅To attract global capital and technical know-how, the FDI limit for insurance companies was increased from 26% to 49% in 2015 and from 49% to 74% in 2021. Foreign reinsurers were permitted to set up branches in India, thereby increasing the local reinsurance capacity while retaining the reinsurance premiums within the country. ✅Similarly, the FDI limit for insurance intermediaries was raised to 100% in 2019 to enable them to provide better advisory services to citizens. - Smt Nirmala Sitharaman in Lok Sabha. (1/n)
4:18

Since coming to power in 2014: ✅Capital to the tune of Rs. 17,450 crore has been infused in 3 other public sector general insurance companies to strengthen their capital base. As a result of these and other measures taken, LIC, GIC-Re and Agriculture Insurance Company of India Ltd (AICIL) reported their highest-ever profits last year, while other companies have also started turning profitable. ✅To attract global capital and technical know-how, the FDI limit for insurance companies was increased from 26% to 49% in 2015 and from 49% to 74% in 2021. Foreign reinsurers were permitted to set up branches in India, thereby increasing the local reinsurance capacity while retaining the reinsurance premiums within the country. ✅Similarly, the FDI limit for insurance intermediaries was raised to 100% in 2019 to enable them to provide better advisory services to citizens. - Smt Nirmala Sitharaman in Lok Sabha. (1/n)

Nirmala Sitharaman Office

22,224 Aufrufe • vor 8 Monaten

#WATCH | Delhi | Cabinet Secretary Dr. T.V. Somanathan says, "The capital expenditure has shown dramatic growth in the last decade from Rs 4.26 lakh crores in 2014-15 to Rs 15.53 lakh crores in 2025-26...If we look at a subset of projects that were personally reviewed by the Prime Minister at the apex of the system, 382 of the most complex or difficult projects have been reviewed by the Prime Minister in the 50 meetings. These involved 637 contractual packages or sections. 3,187 issues were raised by the agencies, of which 2,958 have been resolved up to now...In a sense, one issue has been resolved for every working day..."
4:38

#WATCH | Delhi | Cabinet Secretary Dr. T.V. Somanathan says, "The capital expenditure has shown dramatic growth in the last decade from Rs 4.26 lakh crores in 2014-15 to Rs 15.53 lakh crores in 2025-26...If we look at a subset of projects that were personally reviewed by the Prime Minister at the apex of the system, 382 of the most complex or difficult projects have been reviewed by the Prime Minister in the 50 meetings. These involved 637 contractual packages or sections. 3,187 issues were raised by the agencies, of which 2,958 have been resolved up to now...In a sense, one issue has been resolved for every working day..."

ANI

27,321 Aufrufe • vor 7 Monaten

#WATCH | Davos, Switzerland | Gujarat Dy CM Harsh Sanghvi says, "Today, at the World Economic Forum, India has the largest and most formidable delegation... Gujarat has a strong legacy of investment. In the upcoming Vibrant Gujarat 2024, Gujarat has already garnered over Rs 45 lakh crore in MoUs. In the past three months alone, during the regional Vibrant Gujarat events, Gujarat has attracted more than Rs 11 lakh crore in MoUs. Gujarat is here to explore new opportunities in areas such as artificial intelligence, defence, GCC, textile parks, and financing new investment plans. We are here to learn and to secure more opportunities for our state and for our nation..."
2:57

#WATCH | Davos, Switzerland | Gujarat Dy CM Harsh Sanghvi says, "Today, at the World Economic Forum, India has the largest and most formidable delegation... Gujarat has a strong legacy of investment. In the upcoming Vibrant Gujarat 2024, Gujarat has already garnered over Rs 45 lakh crore in MoUs. In the past three months alone, during the regional Vibrant Gujarat events, Gujarat has attracted more than Rs 11 lakh crore in MoUs. Gujarat is here to explore new opportunities in areas such as artificial intelligence, defence, GCC, textile parks, and financing new investment plans. We are here to learn and to secure more opportunities for our state and for our nation..."

ANI

63,395 Aufrufe • vor 6 Monaten

There's been a conscious effort, and I can say, with the very strong assistance and helping hand of Hon'ble Prime Minister Shri Narendra Modi, who has consistently said, "Be absolutely conscious of what you're spending the money that you're borrowing." The entire capital expenditure drive, from 2020 onwards, is driven towards building assets. It's driven towards making sure public expenditure creates infrastructure and the economy will be able to benefit from the connectivity. - Smt Nirmala Sitharaman during CD Deshmukh Lecture 2026, in New Delhi (1/n)
2:10

There's been a conscious effort, and I can say, with the very strong assistance and helping hand of Hon'ble Prime Minister Shri Narendra Modi, who has consistently said, "Be absolutely conscious of what you're spending the money that you're borrowing." The entire capital expenditure drive, from 2020 onwards, is driven towards building assets. It's driven towards making sure public expenditure creates infrastructure and the economy will be able to benefit from the connectivity. - Smt Nirmala Sitharaman during CD Deshmukh Lecture 2026, in New Delhi (1/n)

Nirmala Sitharaman Office

18,964 Aufrufe • vor 10 Tagen

✅Under the new regime, there is no income tax to be paid for annual income up to Rs 7 lakh, which effectively increases to Rs 7.27 lakh with marginal relief provisions. ✅A standard deduction of Rs 50,000 has also been introduced under the new income tax regime. ✅There has been 100% increase in total percentage of ITRs processed within one day of their filing compared to the previous year. ✅Exemption on medical expenditure of senior citizens has been raised from Rs 30,000 to Rs 50,000. ✅There is exemption from GST on life saving drugs & cancer medicines. - Smt Nirmala Sitharaman lists out steps taken by Modi Govt for middle class.
5:00

✅Under the new regime, there is no income tax to be paid for annual income up to Rs 7 lakh, which effectively increases to Rs 7.27 lakh with marginal relief provisions. ✅A standard deduction of Rs 50,000 has also been introduced under the new income tax regime. ✅There has been 100% increase in total percentage of ITRs processed within one day of their filing compared to the previous year. ✅Exemption on medical expenditure of senior citizens has been raised from Rs 30,000 to Rs 50,000. ✅There is exemption from GST on life saving drugs & cancer medicines. - Smt Nirmala Sitharaman lists out steps taken by Modi Govt for middle class.

Nirmala Sitharaman Office

365,367 Aufrufe • vor 3 Jahren

The New Income Tax Act, 2025 will prove to be helpful. It simplifies languages, reduces forms and is designed so that the average taxpayer can understand their obligations and without professional help, they can do it themselves. The monetary threshold for filing appeals has also seen some enhancement. The monetary limit for filing appeal to the ITAT, High Court, and the Supreme Court have all been increased. Income tax Appellate Tribunal earlier had monetary limit of Rs. 50 lakh. The present monetary limit is Rs. 60 lakh. For High Court earlier, it was Rs. 1 crore and it is Rs. 2 crore. Supreme Court earlier had Rs. 2 crore and now it's Rs. 5 crore. There's also an increase in the limit of disputed demand of cases that can be disposed of by the JCIT appeals. It has been increased from Rs. 10 lakhs to Rs. 25 lakhs. - Smt Nirmala Sitharaman in Lok Sabha
2:30

The New Income Tax Act, 2025 will prove to be helpful. It simplifies languages, reduces forms and is designed so that the average taxpayer can understand their obligations and without professional help, they can do it themselves. The monetary threshold for filing appeals has also seen some enhancement. The monetary limit for filing appeal to the ITAT, High Court, and the Supreme Court have all been increased. Income tax Appellate Tribunal earlier had monetary limit of Rs. 50 lakh. The present monetary limit is Rs. 60 lakh. For High Court earlier, it was Rs. 1 crore and it is Rs. 2 crore. Supreme Court earlier had Rs. 2 crore and now it's Rs. 5 crore. There's also an increase in the limit of disputed demand of cases that can be disposed of by the JCIT appeals. It has been increased from Rs. 10 lakhs to Rs. 25 lakhs. - Smt Nirmala Sitharaman in Lok Sabha

Nirmala Sitharaman Office

31,411 Aufrufe • vor 4 Monaten

NBFCs have emerged as an important source of credit for segments that have historically been underserved or excluded. Gross Loan advances by NBFCs have grown significantly, doubling from Rs 24 lakh crore as of March 2021 to Rs 48 lakh crore as of March 2025. The NBFC ecosystem has over 9,000 registered entities, which range from large infrastructure lenders to niche players in microfinance and asset-backed lending. Together, they fulfil a range of credit needs and are the first point of contact for crores of citizens and small businesses seeking financial empowerment. - Smt Nirmala Sitharaman at NBFC Symposium 2025 in New Delhi.
4:20

NBFCs have emerged as an important source of credit for segments that have historically been underserved or excluded. Gross Loan advances by NBFCs have grown significantly, doubling from Rs 24 lakh crore as of March 2021 to Rs 48 lakh crore as of March 2025. The NBFC ecosystem has over 9,000 registered entities, which range from large infrastructure lenders to niche players in microfinance and asset-backed lending. Together, they fulfil a range of credit needs and are the first point of contact for crores of citizens and small businesses seeking financial empowerment. - Smt Nirmala Sitharaman at NBFC Symposium 2025 in New Delhi.

Nirmala Sitharaman Office

14,546 Aufrufe • vor 1 Jahr