NEW DELHI --- Indian Prime Minister Narendra Modi's government on Friday announced cash handouts for small farmers, an informal pension scheme and a doubling of tax relief for the lower middle class in an interim budget designed to shore up its popularity ahead of national elections due before May. Finance Minister Piyush Goyal presented the budget to Parliament amid media reports that the government was suppressing data showing the country's unemployment rate has hit a 45-year high of 6.1 percent. The government says the data is premature and official figures will be announced in March. Goyal said farmers would be paid 6,000 rupees ($85) annually, benefiting as many as 120 mil...
Keep on reading: India budget offers tax cuts, handouts for poor farmers
from INQUIRER.net http://bit.ly/2t1uFCa
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