NEW DELHI Over the last ten years, the government has escalated its capital spending on infrastructure from Rs 1.97 trillion (1.6 per cent of GDP) in FY2014-15 to Rs 11.1 trillion (3.4 per cent of GDP) in FY2024-25, according to Moody's.
This leap reflects a broader strategy to enhance physical and digital infrastructure, supporting an average annual GDP growth rate of 6 per cent and encouraging private sector participation through public-private partnerships (PPPs).
The increase in government capital expenditure and private sector investments has catalysed India's infrastructure overhaul.
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