India's Budget creates buzz among global investors

Washington: India's Union Budget presented by Finance Minister Nirmala Sitharaman has generated a buzz among international investors, especially among American companies, according to the head of an India-centric American business advocacy group.
Finance Minister Sitharaman on February 1 proposed a sharp increase in expenditure on infrastructure, doubling of healthcare spending and raising the cap on foreign investment in insurance in her Budget for the next fiscal in a bid to pull India's pandemic-hit economy out the woods.