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India Unveils Budget Aimed At Boosting Country's Infrastructure

Here are the highlights of Finance Minister Nirmala Sitharaman's budget for the 2019/20 fiscal year beginning April 1

Photo Credit : Himanshu Kumar

1562306943_AF0XIj_Nirmala_Sitaraman_Budget_2019.jpg

India on Friday unveiled a budget aimed at boosting infrastructure in several sectors, the first since the Bharatiya Janata Party led by Prime Minister Narendra Modi returned for a second term in power. 

Here are the highlights of Finance Minister Nirmala Sitharaman's budget for the 2019/20 fiscal year beginning April 1:

India will become a $3 trillion economy in the current fiscal year, and a $5trn economy in the next few years. 

India to invest heavily in infrastructure and job creation.

The government will carry out a restructuring of highway building. programme to ensure enough capacity is created.

Railway infrastructure will need an investment of $72 billion between 2018 and 2030.

India will enter into aircraft financing and leasing activities.

(Reuters)


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Union budget 2019-20
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