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Transcripts For BBCNEWS Business Briefing 20240714

we start in india, on a huge day for this woman, finance minister nirmala sitharaman. she is the first woman to run india s finances since indira ghandi, almost half a century ago. and in the next hour or so, we will find out how she plans to reinvigorate one of the world s biggest economies, as she delivers the first budget of narendra modi s new government, following his landslide election victory a month ago. and there are some big challenges. india sjobless rate hit 6.1 % in 2018, the highest in 45 years. that means 30 million people looking for work, and awkward questions for a prime minister who promised to create millions of newjobs. the rate of economic growth slipped again last year to 6.8%, the weakest in five years, and in the first three months of this year, it has fallen further. the government also needs to find money for the welfare programmes it has already announced, including over $12 billion to support struggling farmers. indians are also demanding better i

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Apart from growing the economy, Modi is said to to have provided infrastructure to all nooks and crannies of India. His deployment of the digital AADHAAR scheme has ensured that welfare benefits are distributed directly into the accounts of their poor beneficiaries.