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Modi Woos Voters With $13 Billion Largesse Before India Election

India’s prime minister has made a big populist push in his final budget before elections, cutting taxes for middle-class voters and giving cash handouts to farmers.

Narendra Modi’s government will also widen its deficit targets and borrow more. Bonds and the rupee fell, while the tax reductions helped to boost stocks. https://www.wbca.st/mJ42gNw

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