Central Government capital expenditure rises to ₹64.70 lakh crore in 2014-26

The question asked the Ministry of Finance to provide details on capital expenditure allocations, effective capital outlay, and trends as a percentage of GDP for the periods 2004-14 and 2014-26, as well as steps taken to accelerate capital outlay.

Asked and answered by: Asked by Shri Rahul Singh Lodhi and Shri Ravindra Shukla Alias Ravi Kishan; Answered by the Ministry of Finance (Department of Economic Affairs).

What the government said

• Central Government capital expenditure was ₹12.39 lakh crore in 2004-14 and ₹64.70 lakh crore in 2014-26.
• Effective capital expenditure (including grants-in-aid) was ₹17.04 lakh crore in 2004-14 and ₹90.87 lakh crore in 2014-26.
• Grants-in-aid for capital asset creation were ₹4.65 lakh crore in 2004-14 and ₹26.17 lakh crore in 2014-26.
• Capital expenditure as a percentage of GDP rose from 1.6% in 2014-15 to 3.2% in 2023-24 and 2024-25, with a provisional 3.1% for 2025-26.
• The government cites initiatives such as PM GatiShakti National Master Plan, National Logistics Policy, and SASCI (including Pride of Hills Component) to accelerate capital outlay.

Also in the document

• The answer states that for FYs 2004-05 to 2009-10, effective capital expenditure figures are assumed to be equal to capital expenditure because grants for capital assets were not separately depicted in accounts until FY 2010-11.
• The data for FY 2025-26 is explicitly marked as provisional.