CII Urges Bold Reforms for Budget 2026-27: Focus on Investment-Led Growth

• CII recommends significant reforms for Union Budget 2026-27 to boost public, private, and foreign investment.
• Proposes increasing central government capex by 12% and state capex support by 10% for FY27.
• Suggests launching National Infrastructure Pipeline 2.0 worth ₹150 lakh crore and creating an NRI Investment Promotion Fund.
• Advocates for incremental tax credits for new investments and reintroducing depreciation benefits for MSMEs and manufacturing.
• Recommends forming a Sovereign Investment Strategy Council and adopting an economic cycle-based public debt framework.

Why It Matters: CII pushes for investment-centric Budget 2026-27 with reforms to drive India's economic growth.