India will turn to Finance Minister Nirmala Sitharaman’s budget on Monday to see how she prioritizes spending to get the pandemic-ravaged nation back to being the world’s fastest-growing major economy.
Read more about High stakes as India vows to present a Budget like never before on Business Standard. Total spending plan for next fiscal may surpass last year s Rs 30.4 trn, with focus likely on expanding a jobs guarantee program to cities and increasing allocation on education, housing, and health
India will turn to Finance Minister Nirmala Sitharaman's budget on Monday to see how she prioritizes spending to get the pandemic-ravaged nation back to being the world's fastest-growing major economy.
High stakes as India vows to unveil a budget like no other
Finance Minister Nirmala Sitharaman.
. Updated: 29 Jan 2021, 11:54 AM IST Bloomberg
Sitharaman’s plan will likely rely on generous public spending to spur activity, putting more money in the hands of the average taxpayer to boost consumption and easing rules to attract investments
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India will turn to Finance Minister Nirmala Sitharaman’s budget on Monday to see how she prioritizes spending to get the pandemic-ravaged nation back to being the world’s fastest-growing major economy.
Sitharaman’s plan will likely rely on generous public spending to spur activity, putting more money in the hands of the average taxpayer to boost consumption and easing rules to attract investments when she presents the budget at 11 a.m. in New Delhi.
Ronojoy Mazumdar and Marcus Wong, Bloomberg News Pedestrians wearing protective masks walk past an out of service traffic signal as the Bombay Stock Exchange (BSE) building stands in the background in Mumbai, India, on Monday, Oct. 12, 2020. Indiaâs financial capital saw its biggest power outage in decades because of a grid failure, disrupting transport networks and hitting trading volume in equities and bond markets. , Bloomberg
(Bloomberg) Indian debt and rupee may lure overseas investors in 2021, just like the nationâs equities with one caveat: the central bank will face more challenges in curbing the local currencyâs gains against the greenback.