The first full-year budget of Prime Minister Narendra Modi’s government promised a major increase in public spending on infrastructure and a lowering of the corporate tax rate, but it failed to offer any dramatic reforms.
By ELLEN BARRY and NEHA THIRANI BAGRI, New York Times
Sat, 02/28/2015 - 5:47am
The first full-year budget of Prime Minister Narendra Modi’s government promised a major increase in public spending on infrastructure and a lowering of the corporate tax rate, but it failed to offer any dramatic reforms.