Modi’s India budget seeks to revive slowing economy

Modi’s India budget seeks to revive slowing economy

Indian stock markets tumble after 2020 budget disappoints investors. India on Saturday unveiled an annual budget that pledged to boost people's incomes as Prime Minister Narendra's Modi government aimed to revive the country's slowing economy, with the pace of growth slumping to its lowest level in more than a decade.. Highlights of the budget aimed at addressing the economic challenges included a widely-anticipated cut in personal income tax, a big push on investment in infrastructure, and an injection of close to $40 billion (Dh146 billion) into the country's farming sector.. Ms Sitharaman's delivery of the budget lasted more than two and a half hours, making it the longest ever budget speech.. Stock markets in India opened on Saturday to allow investors to trade as the country's budget was unveiled..