India's govt. to spend $40 billion on farm sector to lift wobbly economy; fiscal deficit slips
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NEW DELHI (Reuters) - India's government said on Saturday it would inject nearly $40 billion into the sprawling farm sector and billions more into a federal water scheme to get broader economic growth back up from its lowest in a decade.Finance Minister Nirmala Sitharaman, presenting the 2020/21 budget for the financial year beginning April 1 to parliament, said the fiscal deficit for the current year would widen to 3.8% of gross domestic product, up from 3.3% targeted for the current year.For..