India Seeks Approval for Additional $5.9B Spending in 2024/25 💰
The Indian government has requested parliamentary approval to increase spending by ₹514.63 billion ($5.90 billion) for the current fiscal year ending March 31, 2025.
📊 Key Details:
🔹 The request aims to cover additional expenses for economic initiatives and development projects.
🔹 This move could impact India’s fiscal deficit and government borrowing.
🔹 Exchange rate: $1 = ₹87.25
💬 What are your thoughts on India’s increased spending? Will it boost growth or add pressure to the economy? Share below! 👇🇮🇳 #India #Economy #GovernmentSpending #INRMarket