Budget 2021: What Sitharaman announced for capital expenditure

Finance Minister Nirmala Sitharaman on Monday proposed a sharp rise in capital expenditure for the next fiscal to Rs 5.54 lakh crore, from Rs 4.39 lakh crore in the current financial year. Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors. In her Budget speech, Sitharaman also said a national monetisation pipeline for potential brownfield infrastructure assets will be launched and pipelines of GAIL (India) Ltd, Indian Oil Corp (IOC) and HPCL will be monetised.

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