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Summary: India budget aims to boost manufacturing, infrastructure NHK

- India's new budget allocates over $580 billion, prioritizing infrastructure and manufacturing growth.
- Capital spending has increased to a record high of roughly $133 billion, focusing on railways and ports.
- The budget includes $13 billion to support electronics manufacturing and mitigate the impact of US tariffs.

A: Hey! Did you hear about India's new budget?

B: No way! What's it all about?

A: It’s huge! Like, over 580 billion dollars! They're really focusing on building things up.

B: Wow! Like, what kind of things?

A: Mostly infrastructure! Think railways, ports... big stuff! They're spending a *lot* more money this year.

B: Seriously? That's a big increase! Why are they doing that?

A: Well, partly because of those US tariffs, remember? Trump raised them a while ago.

B: Oh, right! About the oil from Russia? That’s tough.

A: Exactly! The budget’s trying to help Indian industries that are struggling because of those tariffs.

B: So, it’s like a safety net? Clever!

A: Yep! And they're also trying to make more electronics in India – part of Modi’s “Make in India” plan.

B: Ah, I’ve heard about that. Trying to build a stronger economy, huh?

A: Precisely! Modi says it’s a “highway of opportunities!” Pretty optimistic!

B: Sounds like India’s got a plan!
Summary
India's budget allocates over $580B, prioritizing infrastructure (railways, ports) & electronics manufacturing. Includes $13B to offset US tariffs & support "Make in India" initiatives. Record capital spending boosts growth. #IndiaBudget #Infrastructure
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2026/02/03 08:35 Anonymous 213 93s 137
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ID: 05c3d7cb-dbbc-4138-a3f3-af255de7d932

Category ID: listed_summary

URL: https://www3.nhk.or.jp/nhkworld/en/news/20260202_22/#summary

Date: Feb. 2, 2026

Notes: NHK News Summary - 2026-02-02

Created: 2026/02/03 02:40

Updated: 2026/02/03 08:35

Last Read: 2026/02/03 08:35

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