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India's budget seen easing pain from cash crunch

Hike in spending on health, education, rural jobs plan likely as state polls loom

Published Sun, Jan 29, 2017 · 09:50 PM

New Delhi

INDIA'S government is expected to ramp up spending in its latest budget this week, seeking to ease the pain from a ban on high-value banknotes that slammed the brakes on the world's fastest-growing major economy.

Ahead of a series of elections, Finance Minister Arun Jaitley will unveil a budget on Wednesday that analysts say will aim to offset the impact from the so-called demonetisation programme with stimulus measures.

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