A child near the Indian Parliament, in New Delhi, takes shelter from the wind as protesters arrive in the capital for protests against rising inflation and unemployment. Photo: AP
A child near the Indian Parliament, in New Delhi, takes shelter from the wind as protesters arrive in the capital for protests against rising inflation and unemployment. Photo: AP
India

India’s US$530 billion budget and China-beating 9.2 per cent growth target camouflage struggles with inflation, unemployment

  • Eye-catching plans for repairing a pandemic-scarred economy have cheered the stock market, but analysts say those who need help the most will be left wanting
  • While PM Modi goes big on infrastructure, he has cut outlays to the rural poor even as elections loom. Meanwhile, rising oil prices make his target look ‘optimistic’ at best

A child near the Indian Parliament, in New Delhi, takes shelter from the wind as protesters arrive in the capital for protests against rising inflation and unemployment. Photo: AP
A child near the Indian Parliament, in New Delhi, takes shelter from the wind as protesters arrive in the capital for protests against rising inflation and unemployment. Photo: AP
READ FULL ARTICLE