India budget pledges record infrastructure and defence boost
Government
The budget outlines US$133 billion to fund infrastructure and manufacturing capabilities while India receives billions in investments from tech giants. NEW DELHI: India will spend a record amount on infrastructure and defence , the finance minister said in her national budget speech on Sunday (Feb 1), with plans for high-speed rail, submarines and fighter jets. New Delhi plans to spend US$133 billion on infrastructure and US$85 billion on defence, a respective rise of around nine and 15
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