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India Announces Measures to Revive Sputtering Economy

Anjana Pasricha

   NEW DELHI - India will spend billions of dollars to revive the farm
   sector, increase spending on infrastructure to create jobs, and slash
   taxes -- all in a bid to boost its sputtering economy, which has posted
   its worst growth in a decade. "

   This is a budget to boost incomes and enhance purchasing power,"
   Finance Minister Nirmala Sitharaman said Saturday in parliament as the
   nation's 2020 budget was laid out. "We wanted to make sure money is in
   the hands of the people, particularly for the middle class and lower
   middle class."
   

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