Key takeaways from the first annual budget of Modi 2.0

India’s Narendra Modi government tabled the union budget for 2019-20 today (July 5).

This is the first annual budget of the National Democratic Alliance government’s second term.

Given the slump in the Indian economyweak consumption and record-high unemployment levels, there are high expectations from finance minister Nirmala Sitharaman. Among other things, there are hopes of new measures to promote spending and some tax relief.

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