Highlights: India unveils budget aimed at boosting infrastructure and foreign investment

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India on Friday unveiled a budget aimed at boosting infrastructure and foreign i...

NEW DELHI - India on Friday unveiled a budget aimed at boosting infrastructure and foreign investment, the first since the Bharatiya Janata Party led by Prime Minister Narendra Modi returned for a second term in power. [nL4N2461C1]

India's Finance Minister Nirmala Sitharaman arrives to present the 2019 budget in Parliament, New Delhi, India July 5, 2019. REUTERS/Adnan Abidi Here are the highlights of Finance Minister Nirmala Sitharaman’s budget for the 2019/20 fiscal year that began April 1:-Govt to borrow a gross 7.1 trn rupees via bonds in 2019/20-Short term borrowing seen at 250 bln rupees in 2019/20-Dividends from state-owned firms seen at 574.87 bln rupees in 2019/20-Net tax revenues seen at 16.

 

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