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Budget Overlooks Jobs, Demand and Investment

To deal with the economic slowdown, Modi government should focus on increasing its expenditure.

To deal with the economic slowdown, Modi government should focus on increasing its expenditure. Last year, it had planned to increase the expenditure by 20.3%, but could manage to achieve an increase of only 16.6%. Next year, its expenditure will grow by 12.7%. This will be helpful in increasing neither demand nor investment or jobs.

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