Policy

Indian government boosts rail spending again ahead of elections

By 2024-02-08T09:00:00

India's Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman (Photo PIB)

INDIA: Presenting the Indian government’s Interim Budget on February 1 for 2024-25 ahead of elections due in April and May, Finance Minister Nirmala Sitharaman announced that a further increase in capital expenditure of 11·1% to reach Rs111tr or 3·4% of GDP.

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