LS polls 2019: A $1.4 trillion spending push tops Modi 2.0 agenda

For exporters, the BJP has promised measures to promote trade and increase the share of manufacturing in the economy.

India’s economy is set for a major boost if Prime Minister Narendra Modi follows through with key campaign promises following his party’s sweeping election victory.

The Bharatiya Janata Party pledged cash handouts to farmers, $1.44 trillion to build roads, railways and other infrastructure, a boost to manufacturing, and a doubling in exports. Those promises, along with tax cuts for middle class Indians, resonated with voters, who gave the BJP a majority of the seats in the parliament, according to official results on Thursday.

The economy is in need of stimulus. Consumer spending has taken a knock as a crisis among