India’s Modi to focus on jobs, incomes in first budget after election setback
New Delhi, July 18 (Reuters): Indian Prime Minister Narendra Modi will seek to mend his relationship with voters in the federal budget to be announced next week, economic analysts said, citing possible steps to boost jobs and incomes as growth in the economy remains uneven and food prices continue to surge. Modi’s party fell short of reaching the half-way mark in the general election that concluded last month as jobs and the high cost of living overshadowed his high voltage Hindu nationalist campaign. To stay in power, Modi is depending on two fickle regional allies, the Telugu Desam Party (TDP)