Economics
Five Key Numbers Investors Must Watch in India’s Budget
- Revenues and spending are both expected to get a boost
- Federal budget deficit and borrowings could see a drop
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India’s annual budget on Monday will be Prime Minister Narendra Modi’s chance to spur demand and investments in an economy cratered by the world’s second-biggest coronavirus outbreak.
His government’s growth-centric plans will be outlined by Finance Minister Nirmala Sitharaman when she delivers the budget speech starting at 11 a.m. in New Delhi. She’s expected to set aside more money for health care and infrastructure development and partly pay for them by raising record amounts by selling stakes in state-run companies.