
NEW DELHI -- The party of Indian Prime Minister Narendra Modi on Monday pledged to pour 100 trillion rupees ($1.44 trillion) into infrastructure by 2024 and to turn the country into the world's third-largest economy by 2030 ahead of the country's upcoming general election.
But it is unclear how the ruling Bharatiya Janata Party intends to fund the ambitious plan, given that the Indian government only takes in about 27 trillion rupees a year. The party offered no breakdown of the investments, though they will likely include new roads, railways and power plants.