India will focus on economic growth and job creation and cut down fiscal deficit, the Finance Minister said on Wednesday, presenting the government's last full budget in parliament before elections due next year.
* The allocation is higher than the 7.
5 trillion rupees budgeted for in the previous year and the highest on record* Increases budget allocations to 790 billion rupees for affordable housing in 2023/24* To provide incentives to replace old, polluting vehicles used by the central and state governments* To provide collateral free credit of 2 trillion rupees under revamped scheme* Propose higher import duties on silver dores* Customs duties on compounded rubber being raised.
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