The Union Budget 2025-26 perfectly aligns with the vision of Viksit Bharat @2047, laying a strong foundation for India’s infrastructure growth. It prioritizes sustainable and modern infrastructure, driving economic resilience, digital transformation, water and wastewater development, and clean energy initiatives.
With an allocation of INR 11.21 Lakh Crore, the government reinforces its commitment to infrastructure expansion. A new asset monetization plan will reinvest INR 10 Lakh Crore into new projects, supported by a three-year PPP pipeline to boost private sector participation. The INR 1.5 Lakh Crore in interest-free loans to states will accelerate capital expenditure, while the INR 1 Lakh Crore Urban Challenge Fund will transform cities into growth hubs.
Water infrastructure remains a key focus, with INR 74,226 Crore allocated, including INR 67,000 Crore for the Jal Jeevan Mission, extending the mission until 2028 for clean tap water connections to all rural households. Another INR 25,276.83 Crore is designated for water resource management and the rejuvenation of the Ganga River.
The budget also emphasizes renewable energy and digital transformation as drivers of future-ready infrastructure. The Clean Tech Manufacturing Mission, backed by the National Manufacturing Mission, will focus on EV batteries and renewable energy technologies, enhancing domestic production, reducing import dependency, and fostering innovation in sustainable energy.
At SPML Infra, we remain committed to strengthening India’s future through robust water infrastructure and sustainable energy solutions. This budget sets a clear path for economic growth, job creation, and inclusive, sustainable development.
By Subhash Sethi, Chairman, SPML Infra Limited
