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BJP pushes budget relief for middle class, business in wake of virus

The government ranks more than 300 million of India's population of 1.35 billion among middle-class consumers

India's first full-time woman Finance Minister Nirmala Sitharaman carried the Union Budget documents in a red bag, reminiscence of the traditional 'bahi-khata'.
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For medium-sized and small businesses, the government could also look to lower the import duties on some raw materials such as copper and base metals in the next budget

Krishna N. Das | Reuters
India’s ruling party has urged the government to put more money in the pockets of middle-income families in the next budget and cut the costs of raw material for small and medium-sized businesses, a party spokesman said on Thursday.

After the coronavirus impact shrank the economy in the last two quarters, Prime Minister Narendra Modi’s government wants to boost spending on projects for roads, ports and pipelines in the next fiscal year to revive businesses and generate jobs.

Modi’s Bharatiya Janata Party (BJP) feels that while the poor received free rations and businesses got state-guaranteed loans and other

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First Published: Dec 31 2020 | 3:00 PM IST

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