India Approves $4.8 Billion Stimulus Package to Accelerate Economic Growth
The Indian Union Cabinet authorized a sweeping economic stimulus package today in New Delhi, committing nearly ₹40,000 crore ($4.8 billion) across six key infrastructure and industrial initiatives. This strategic capital injection aims to catalyze domestic manufacturing, modernize critical logistics networks, and stimulate employment growth throughout the upcoming fiscal year. Context and Strategic Rationale The decision…
