India's new budget to focus on the poor

India has revealed its budget on Monday, with a focus on the poor. The new budget will include rural aid and health programs and will be "spend prudently and wisely for the people, especially for the poor and downtrodden," Finance Minister Arun Jaitley said. This is a shift from Prime Minister Narendra Modi's previous focus on investment on infrastructure. Jaitley said the government wanted India's 1.3 billion-strong population to share the benefits of growth. The budget will focus on farming, social reforms and the banking sector, among others.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.