<h1>Finance Minister Announces 34.5% Increase in Capital Expenditure to Boost Infrastructure in Union Budget 2021-22.</h1> The Union Budget 2021-22 announced by the Finance Minister includes a significant 34.5% increase in capital expenditure, totaling Rs. 5.54 lakh crore, compared to the previous year's Rs. 4.12 lakh crore. Despite financial constraints, the government aims to enhance spending on capital projects, with an anticipated expenditure of Rs. 4.39 lakh crore for 2020-21. Over Rs. 44,000 crore is allocated for departments showing progress in capital expenditure, while more than Rs. 2 lakh crore is designated for states and autonomous bodies. The government plans to develop mechanisms to encourage states to allocate more funds towards infrastructure development.