Workers remove a plastic sheet covering sacks of wheat at a storage facility on the outskirts of Amritsar. India's new government is due to present its first full budget on July 1o, 2014, which economists expect to contain a credible outline of steps to steer India from a subsidy-laden, bureaucratic culture to a more business-friendly investment climate - AFP Photo.
NEW DELHI: India's new right-wing government under Prime Minister Narendra Modi unveiled its maiden budget Thursday, promising a new era of fiscal prudence and greater opportunities for foreign investors in key sectors of the economy.
Finance Minister Arun Jaitley told parliament that the new right-wing government, in office since May, had inherited a "challenging" situation of low growth and high inflation from the previous Congress administration.
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