NEW DELHI -- Indian Prime Minister Narendra Modi's government on Wednesday announced a major boost for infrastructure spending in its last full budget before the 2024 general election, aiming to provide a "strong impetus" for job creation and strengthen macroeconomic stability amid a global slowdown.
Economy
India pumps up infrastructure spending in last full pre-election budget
Modi government to hike capital outlays to $122bn next fiscal year
Commuters travel in an overcrowded train on the outskirts of New Delhi on Feb. 1. India's budget calls for a significant increase in infrastructure spending. © Reuters
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