Modi pledges US$1.44t on infrastructure in re-election bid

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Modi pledges US$1.44t on infrastructure in re-election bid
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NEW DELHI (BLOOMBERG) - Prime Minister Narendra Modi's ruling Bharatiya Janata Party (BJP) pledged spend US$1.44 trillion (S$1.95 trillion) on infrastructure to boost the economy and raise living standards, in a bid to match its main rival's populist promises.. Read more at straitstimes.com.

NEW DELHI - Prime Minister Narendra Modi's ruling Bharatiya Janata Party pledged spend US$1.44 trillion on infrastructure to boost the economy and raise living standards, in a bid to match its main rival's populist promises.

India's 263 million farmers are a key voting bloc in the world's largest democracy. The main opposition Congress Party has promised to write off farm loans through out the country. It also promised to take its flagship programmes - providing toilets, electricity connections, houses, cooking gas, crop insurance and loans for small businesses - to more beneficiaries by allocating additional resources.

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