India Prime Minister Narendra Modi's government unveiled the budget for 201...
NEW DELHI - India Prime Minister Narendra Modi’s government unveiled the budget for 2019/2020 on Friday, seeking to reverse weakening growth and investment that threaten to take the shine off a recent landslide election victory.
Modi has set a target of growing India into a $5 trillion economy by 2024/2025 from $2.7 trillion that a government report on Thursday said will be done on the back of higher investment, savings and exports in the way China’s growth was propelled. Capital Economics said in a note on Friday that reaching that target “is dependent in large part on achieving real GDP growth of 8% a year, which we think is unlikely.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Modi's main political rival formally quit. The move was 'inevitable'Rahul Gandhi, president of the Indian National Congress, formally stepped down just months after a resounding defeat in the 2019 parliamentary elections that saw Prime Minister Modi return to power.
Read more »
Mahatma Gandhi Award-Winning Female Entrepreneur Is Set To Change The Face of Beauty In IndiaShalini Vadhera is changing the face of the beauty industry in India with her social-impact beauty brand, Ready Set Jet.
Read more »
Are parts of India becoming too hot for humans?Heat waves have killed more than 100 people in India this summer and are predicted to worsen in coming years. Even if the world succeeds in cutting carbon emissions, experts say parts of India will become so hot, they'll test limits of human survivability
Read more »
Death toll in western India dam breach climbs to 15MUMBAI, India (AP) — Rescuers in western India recovered three more bodies on Thursday morning, raising the death toll to 15 after a small dam breached and flooded half a dozen villages following...
Read more »
Mahatma Gandhi Award-Winning Female Entrepreneur Is Set To Change The Face of Beauty In IndiaShalini Vadhera is changing the face of the beauty industry in India with her social-impact beauty brand, Ready Set Jet.
Read more »
Dam breach amid monsoon rains in India kills eight, several missingHeavy rains in Maharashtra state led to dozens of deaths since Monday night, from collapsed walls, drownings and other causes.
Read more »