India’s Multi-Billion Dollar Election Freebies Are a Buffer and Burden
Half of India’s states now provide cash transfers
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.
Today, I look at a new buffer for India’s household consumption and my colleague Sudhi Ranjan Sen gives you a glimpse of Prime Minister Narendra Modi’s very busy diplomatic schedule this month.