India’s ruling party makes $1.4 trillion infrastructure boost promise for election

Indian Prime Minister Narendra Modi on Monday vowed to spend more than $1.4 trillion on new infrastructure over five years to create much-needed jobs and to pursue his nationalist agenda if he wins an election that starts this week. Modi’s right-wing Bharatiya Janata Party (BJP) also promised $300 billion for the country’s hard-pressed farmers and rural development as it went all out to stop voters being tempted by opposition parties in the world’s biggest election that runs from Thursday until May 19. The BJP’s big-spending manifesto was accompanied by promises to keep its Hindu bedrock behind the party that won a landslide victory in 2014 but has lost key state elections in recent months.

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