MUMBAI: The Indian government will be releasing its budget for 2020 on Saturday, facing stuttering growth and a record unemployment rate, with a jump in inflation that has further widened India’s wealth gap. AFP spoke to Indians from different sections of society about the impact of the economic slowdown, which has put Prime Minister Narendra Modi under considerable pressure. UNEMPLOYED MILLENNIAL:An engineering degree from a prominent university followed by a job that paid 42,000 rupees ($590) a month: Rahul thought he was set for life. The 27-year-old told AFP he now relies on his father’s savings and pensions to keep their household running. India’s stock markets have been hitting record highs, bringing cheer to investors with enough cash to plough into equities.

Source: Pakistan Today January 29, 2020 17:15 UTC