NEW DELHI -- Aiming to revive an economy battered by the coronavirus pandemic, India on Monday unveiled a budget that included proposals to more than double its health care outlay to over 2.2 trillion rupees ($30 billion) and raise the ceiling on foreign direct investment in the insurance sector.
"Our fight against COVID-19 continues into 2021," said Finance Minister Nirmala Sitharaman. She highlighted six key pillars of the country's budget for the financial year starting in April -- health and well-being; physical and financial capital, and infrastructure; inclusive development; reinvigorating human capital; innovation and research and development; and minimum government and maximum governance.
