Election freebies set to herald spending spree in rural India
Among promises to voters are smartphones, pressure cookers and toilets
New Delhi
AS India's most populous state heads to the polls, politicians are promising everything from smartphones to pressure cookers in a free-for-all that could signal the start of a spending spree in the country's hinterland.
In Uttar Pradesh, a state of 200 million people that begins voting in legislative elections on Saturday, parties including Prime Minister Narendra Modi's Bharatiya Janata Party are offering a range of freebies - which have also evolved to reflect a younger, more aspirational India.
The promises, combined with Mr Modi's infrastructure-focused fede…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO