Live news: Modi to speak on Budget 2022 as govt preps to bump up spending
Live news updates: The Union Budget 2022 on Tuesday proposed stepping up spending to Rs 39.45 trillion in the coming fiscal year to build public infrastructure and drive economic growth, but it involves a wider fiscal deficit than targeted and record borrowing.
Finance Minister Nirmala Sitharaman, presenting the annual Budget to parliament, said total government spending in the 2022/23 fiscal year beginning in April will be 4.6 per cent more than the current year.
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