India, Feb. 10 -- Infrastructure development plays a crucial role in supporting the Viksit Bharat vision of the Government of India. The Union Budget 2026 can be viewed as a reset of the approach to city development and its multiplier effect on the economic growth of the country. In continuation of the large requirement of capital for infrastructure development, an increase of the capital expenditure by 8.9 per cent to INR12.2 lac crores has been proposed.

The thrust is to continue to focus on maintaining stability, adopting a reformative approach and sustaining the economy for India to grow. Towards this, initiatives like developing city economic regions, better transporation networks, access to finance and last mile connectivity have b...