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2024

Modi government to focus on jobs, incomes in first budget after election setback

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Indian Prime Minister Narendra Modi aims to mend voter relations in the upcoming federal budget, focusing on job and income boosts amid uneven economic growth and rising food prices. Finance Minister Nirmala Sitharaman will present the budget on July 23, balancing economic and political priorities, with expected increased spending on infrastructure, manufacturing, and potential personal income tax cuts to address middle-class concerns.