CII Proposes Growth-Oriented Reforms for Union Budget 2026-27

The Confederation of Indian Industry (CII) has made comprehensive recommendations for the Union Budget 2026-27. Key proposals include increased capital expenditure, tax incentives, and a National Infrastructure Pipeline 2.0. CII aims to bolster public, private, and foreign investments, sustaining India's fast-paced economic growth.

The Confederation of Indian Industry (CII) has put forward a robust slate of reforms for the Union Budget 2026-27, aiming to sustain and accelerate investment growth across public, private, and foreign investments in India.

Key recommendations include elevating central capital expenditure by 12% and supporting state capex by 10% in FY27, alongside launching a Rs 150 lakh crore National Infrastructure Pipeline 2.0 for 2026-32. Additional incentives proposed include tax credits for firms reaching significant investment milestones and a dedicated NRI Investment Promotion Fund.

CII also advocates for bolstered public capital expenditure as essential infrastructure growth drivers and calls for enhanced institutional support to facilitate private and foreign investment, contributing to India's post-pandemic recovery and continued economic expansion.

(With inputs from agencies.)