Comment on India’s Modi Aims to Put Economy into Higher Gear With First Full Budget

India’s Modi Aims to Put Economy into Higher Gear With First Full Budget

Indian Prime Minister Narendra Modi’s government unveiled its first full-year budget on Saturday, ramping up infrastructure spending, cutting corporate taxes and unveiling plans for a new universal social security system. Modi’s finance minister, Arun Jaitley, said the proposals laid out “a roadmap for accelerating growth,” as he delayed deficit-reduction plans to make room for new spending.

 

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