India’s government offers relief to taxpayers and vowed to spend billions to double farmers’ incomes and upgrade infrastructure, health care and industry to boost the country's lowest economic growth in a decade.
Indian Finance Minister Nirmala Sitharaman, in yellow sari, and junior Finance Minister Anurag Thakur, center left, arrive at the parliament house before presenting the federal budget in New Delhi, India, Saturday, Feb. 1, 2020. India’s Hindu nationalist-led government on Saturday offered relief to taxpayers and vowed to spend billions to double farmers’ incomes, upgrade infrastructure, health care and industry to boost the lowest economic growth in a decade.
She said the government plans to spend $39.8 billion for agriculture and allied activities, $9.9 billion for health, $3.9 billion for industry and commerce, and $628.6 million to combat worsening air pollution in the country. Sitharaman had two pages left when she stopped after asking Speaker Om Birla to consider the remaining part of her speech as read, PTI said. She later recovered.
Sitharaman said 100 more airports will be developed in the country by 2024 to boost the aviation sector. She also announced an allocation of $3 billion for the power and renewable energy sector in 2020-21.
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