India’s capex spending is likely to slow on lower tax haul

India’s capex spending is likely to slow on lower tax haul https://ift.tt/GWthcMQ Finance Minister Nirmala Sitharaman presents this year’s budget on Feb. 1, she faces the daunting task of balancing a commitment to narrowing the fiscal deficit with keeping the engines of growth well-oiled. India’s ambition to become the world’s factory hinges on enhancing infrastructure and smoothing out logistics — areas that still need plenty of government funding.