(Bloomberg) — There’s a lot riding on Prime Minister Narendra Modi’s budget this fiscal year. Once the world’s fastest growing economy, India is now trying to restart economic growth that’s dipped to an 11-year low.Finance Minister Nirmala Sitharaman said this budget was aimed to boosting incomes and enhancing purchasing power, stressing that the economy’s fundamentals were strong and inflation was well contained.Here’s a short list of winners and losers from Saturday’s budget announcements.WINNERSTransport InfrastructureSitharaman unveiled plans for India’s highways and railways, proposing 1.7 trillion rupees ($23.7 billion) for transport infrastructure that includes the accelerated development of highways and plans to …read more
Source:: Yahoo Finance
