India will unveil its closely watched budget on Monday, expected to get it back on track as the world’s fastest-growing major economy by boosting spending on job-creation and rural development while battling back the coronavirus. Finance Minister Nirmala Sitharaman will likely make a generous allocation for development, put more money in the hands of the average taxpayer to boost consumption and ease rules to attract foreign investments when she presents the budget at 11am in New Delhi. “Expectations are high, going into this budget,” said Samiran Chakraborty, an economist with Citigroup Inc. “Expenditure profile could move from survival to revival as the focus on infrastructure increases.”
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