💨 Abstract

India's budget for Prime Minister Narendra Modi's third term focused on short-term economic relief through middle-class tax cuts, rather than addressing long-term growth issues or reforms needed to stimulate rapid growth. The budget also scaled back capital spending and infrastructure investment, disappointing analysts and markets. The government's forecast for India's GDP growth at 6.4%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖