Current Affairs · Union Budget
Which of the following statements regarding the developments announced in the Union Budget 2026–27 is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To raise the share of inland waterways and coastal shipping from 6 per cent to 12 per cent by 2047, the government will launch the Coastal Cargo Promotion Scheme.
- 2The Infrastructure Risk Guarantee Fund proposed in the Budget will provide full sovereign guarantees to private developers for all phases of infrastructure projects.✓
- 3Public capital expenditure has increased from ₹2 lakh crore in 2014–15 to ₹11.2 lakh crore in the Budget Estimates for 2025–26.
- 4The Union Budget 2026–27 proposes a public capital expenditure of ₹12.2 lakh crore to drive infrastructure-led economic growth.
Correct answer
The Infrastructure Risk Guarantee Fund proposed in the Budget will provide full sovereign guarantees to private developers for all phases of infrastructure projects.
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