NEW DELHI – India’s government plans to spend 2 trillion rupees ($24 billion) over the next five years to create more jobs, a move expected to benefit more than 40 million young people, Finance Minister Nirmala Sitharaman announced Tuesday as part of the country’s budget. .
Total spending this fiscal year is estimated at 48.21 trillion rupees based on preliminary data, up 8.5% from actual spending in the previous fiscal year. Total income, other than borrowing, is estimated at 32.07 trillion rupees.
