'...to address the serious faultlines that had got exposed during the pandemic.' 'If the economy is looking up this year, we could have been allocated an increase of at least 20%.'
The government also increased the power of the FIPB.
He assured fears of food shortages were far-fetched.
Vedanta Aluminium has been struggling to source sufficient bauxite to feed the 1 million tpy alumina refinery since its commissioning in August 2007.
POSCO officials have said it was unlikely to build the plant without assured supply of iron ore.
Adani, which estimates its project will generate more than A$22 billion ($15.6 billion) in taxes and royalties, has yet to line up funding but is sticking to a late 2017 start date.
The verdict could force steelmakers to cut output or import expensive iron ore.
Modi, who was elected in May with a mandate to provide jobs and economic growth, has seen his reform agenda stymied by controversial statements by lawmakers in his party
Hindu nationalists in India have stepped up attacks on the country's beef industry, seizing trucks with cattle bound for abattoirs.
Nearly 31 million Indians are unemployed and looking for jobs. While economic growth has been humming along, the pace of job creation has been poor. A revealing excerpt from Dev Kar's India: Still A Shackled Giant.
Monsanto has taken the government to court over the royalty.
The whitefly outbreak has intensified a debate over GM crops just as Prime Minister Narendra Modi's office reviews a proposal to allow farmers to grow GM mustard.
Modi's irrigation push in the Budget is aimed at scoring on the political front along with achieving growth targets
Modi may bet on old faces and new to boost reforms
Just one year after taking office, Prime Minister Narendra Modi is facing a challenge that could come to haunt him.