Union Budget 2026-27 raised India's public capital expenditure target to ₹12.22 lakh crore — an 11.5% increase over the revised FY26 estimate, and the highest infrastructure allocation in absolute terms in India's history. The question is whether execution can keep up with ambition. ₹12.22 Lakh Cr 32.4% ₹3.09 Lakh Cr ₹150 Lakh Cr Infra capex — Budget 2026-27 Central capex growth Apr–Oct FY26 MoRTH allocation FY27 — 7.9% rise Proposed NIP 2026-32 The headline number and what i