India aims for economic growth with new budget law

(AGI) New Delhi, July 10 - Narendra Modi's government hasproduced budgetary legislation to spur India's economic growth.The reform was presented to parliament by finance minister ArunJaitley, who said that the country is "exasperated" after twoyears of economic growth below 5 percent. The new government'sobjective for the next three to four years is for growth torise by 7 to 8 percent, he added. Meanwhile, Jaitley accepted4.1 percent of GDP as a fiscal deficit target. .

India aims for economic growth with new budget law
(AGI) New Delhi, July 10 - Narendra Modi's government hasproduced budgetary legislation to spur India's economic growth.The reform was presented to parliament by finance minister ArunJaitley, who said that the country is "exasperated" after twoyears of economic growth below 5 percent. The new government'sobjective for the next three to four years is for growth torise by 7 to 8 percent, he added. Meanwhile, Jaitley accepted4.1 percent of GDP as a fiscal deficit target. .