EconomyNew India budget unlikely to give big growth boost, say analysts
Rich people and companies not expected to spend any windfall from stimulus
India's Prime Minister Narendra Modi is struggling to maintain growth as the economy slows and the country is racked by protests over his government's new citizenship law. © Reuters
KIRAN SHARMA, Nikkei staff writer
January 29, 2020 15:04 JST
NEW DELHI -- Amid a slowing economy, rising inflation and massive anti-government protests, the government of Indian Prime Minister Narendra Modi is set to present on Saturday its budget for the fiscal year beginning April with a crucial task at hand: revive demand to spur economic growth.