<h1>Union Budget 2023-24 boosts capital expenditure by 37.4% to Rs. 10 lakh crore, prioritizing infrastructure growth.</h1> The Union Budget 2023-24 outlines a significant increase in capital expenditure by 37.4% to Rs. 10 lakh crore, emphasizing infrastructure development as a key growth driver. Total expenditure is projected at Rs. 45.03 lakh crore, a 7.5% increase from the previous year. Financial assistance to states for capital expenditure will rise by 30% to Rs. 1.30 lakh crore. Revenue expenditure is set to grow by 1.2% to Rs. 35.02 lakh crore, with interest payments and subsidies forming major components. The budget also includes provisions for pensions and Finance Commission grants, aiming to support cooperative fiscal federalism.