“There is an 11.1 per cent increase in capital expenditure for infrastructure, taking the total outlay to Rs 11.1 lakh crore. However, if we look at the likely spending in FY'24, it will be about Rs 9.5 lakh crore. So, essentially, the increase will be about 17 per cent in real terms. This should translate into robust domestic steel demand, spurring private investments and job creation.”