NEW DELHI -- India unveiled a sharp increase in infrastructure spending in an expanded budget for the coming financial year, as the government of Prime Minister Narendra Modi seeks to spur a recovery from the pandemic.
Finance Minister Nirmala Sitharaman's budget for April 2022-March 2023 included a 35.4% increase in capital expenditure to 7.5 trillion rupees (about $100 billion) -- about 2.9% of gross domestic product.
