EconomyIndia's interim budget signals Modi confidence ahead of elections
Infrastructure gets another boost but government avoids 'spectacular' outlays
India's Finance Minister Nirmala Sitharaman, center, holds up the budget folder in New Delhi on Feb. 1. © Reuters
KIRAN SHARMA, Nikkei staff writer
February 1, 2024 18:38 JST
NEW DELHI -- With general elections around the corner and Indian Prime Minister Narendra Modi's ruling party in pole position, the government on Thursday unveiled an interim budget focused on shoring up infrastructure while continuing with fiscal consolidation.