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India’s prime minister Narendra Modi has fallen short of the goals he set himself in 2014 when he promised to spur the economy and create millions of jobs. He has now switched tack with a pre-election budget that aims to placate the rural poor and address chronic underfunding of healthcare. Jyotsna Singh discusses how realistic his latest plans are with the FT’s Amy Kazmin and Kiran Stacey.

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