Government to sustain capex push despite fiscal stress due to global uncertainties: Finance Ministry official

The authorities volition proceed with the planned ₹12.22 lakh crore superior expenditure successful the existent fiscal to support the maturation momentum contempt the fiscal accent arising from the ongoing West Asia conflict, a elder authoritative said connected Friday (May 1, 2026).

Expenditure Secretary V. Vualnam said the upcoming fewer quarters and the coming twelvemonth would perchance person a "lot of accent points". Tax buoyancy could beryllium impacted by a chopped successful excise duties connected petrol and diesel brought astir successful precocious March.