India Unveils Record $133 Billion Infrastructure Push in National Budget
Summary
India committed $133 billion for infrastructure in its national budget, aiming to boost economic growth and technological advancement.
Key Points
- India announced a record $133 billion infrastructure allocation in its national budget.
- Finance Minister Nirmala Sitharaman highlighted an increased public capital expenditure since 2014-15.
- The budget focuses on high-speed rail, AI, data centres, and rare earth mineral processing.
- India plans tax holidays and financial support to boost semiconductor and electronics manufacturing.
