Overview
- CII proposes a 12% increase in central capital expenditure and a 10% rise in capex support to states for FY27, paired with a Capital Expenditure Efficiency Framework to prioritise and track high-impact projects.
- It recommends launching a Rs 150 lakh crore National Infrastructure Pipeline for 2026–32 to give investors and states long-term project visibility.
- The blueprint calls for moving from rigid annual deficit targets to an economic‑cycle‑based public debt framework to enhance fiscal flexibility and credibility.
- To spur private investment, CII suggests incremental tax credits, simpler compliance, and reinstating accelerated depreciation to support modernisation, especially for MSMEs and manufacturing.
- For foreign and diaspora capital, it urges an NRI Investment Promotion Fund with partial government stake, stronger NIIF via a Sovereign Investment Strategy Council, easier ECB norms, time‑bound single‑window FDI clearance within 60–90 days, and an India Global Economic Forum.