$133bn for infrastructure; spending aims to boost manufacturing, create jobs
India's Finance Minister Nirmala Sitharaman waves as she holds a folder bearing the Government of India's emblem, while posing with her officials before leaving her office to present the annual federal budget in parliament, in New Delhi, India, February 1. PHOTO: REUTERS
India will spend a record amount on infrastructure and defence, the finance minister said in her national budget speech on Sunday, with plans for high-speed rail, submarines and fighter jets.
New Delhi plans to spend $133 billion on infrastructure and $85b on defence,
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