FM Arun Jaitley unveils pro-poor Budget 2016-2017; pledges reforms


Finance Minister Arun Jaitley unveiled a Budget for the poor on Monday, announcing new rural aid and health programmes in a strategy shift that could boost his ruling Bharatiya Janata Party (BJP) in coming state elections.

Presenting his third Budget, Jaitley described Asia's third-largest economy as a bright spot in a gloomy global landscape but said the government wanted to ensure that the benefits of growth are more widely shared among India's 1.3 billion people.

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