{"id":268908,"date":"2026-02-01T16:11:14","date_gmt":"2026-02-01T16:11:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/268908\/"},"modified":"2026-02-01T16:11:14","modified_gmt":"2026-02-01T16:11:14","slug":"modis-india-boosts-infra-spending-seeks-manufacturing-led-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/268908\/","title":{"rendered":"Modi&#8217;s India boosts infra spending, seeks manufacturing-led growth"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/economy\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Economy<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Annual budget scales up biopharma, semiconductors, components and rare earths<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/02\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/2\/9.jpeg\" alt=\"20260201 India's Finance Minister Nirmala Sitharaman\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Indian\u00a0Finance Minister Nirmala Sitharaman, center, holds\u00a0a folder bearing the emblem of the Government of India while posing with officials before leaving her office to present her ninth consecutive annual budget in parliament, in New Delhi, on Feb. 1. \u00a9 Reuters<\/p>\n<p>KIRAN SHARMA<\/p>\n<p>February 1, 2026 19:49 JST<\/p>\n<p>Updated on February 1, 2026 21:35 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">NEW DELHI &#8212; Prime Minister Narendra Modi&#8217;s government on Sunday presented India&#8217;s budget for the fiscal year starting in April, raising infrastructure spending by 11.5% to a record 12.2 trillion rupees ($133 billion) and pushing for the manufacturing sector to spur growth at a time when <a class=\"Link_link__qPD1b\" href=\"https:\/\/asia.nikkei.com\/economy\/south-asia\/india\" target=\"_blank\" title=\"\" data-dark-mode=\"false\" rel=\"nofollow noopener\">Asia&#8217;s third-largest economy<\/a> faces punishing U.S. tariffs.<\/p>\n","protected":false},"excerpt":{"rendered":"Economy Annual budget scales up biopharma, semiconductors, components and rare earths Indian\u00a0Finance Minister Nirmala Sitharaman, center, holds\u00a0a folder&hellip;\n","protected":false},"author":2,"featured_media":268909,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[51569,114,184,4422,85,207,50763,46,140278,137356,140277,931],"class_list":{"0":"post-268908","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-boosts","9":"tag-business","10":"tag-economy","11":"tag-growth","12":"tag-il","13":"tag-india","14":"tag-infra","15":"tag-israel","16":"tag-manufacturing-led","17":"tag-modis","18":"tag-seeks","19":"tag-spending"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/268908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=268908"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/268908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/268909"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=268908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=268908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=268908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}