'India eyes asset sales to partly fund higher spending next year'

India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects, relying on asset sales of around $40 billion for some of the funding, two people with knowledge of the plan told Reuters. Actual spending this year could be lower than the original target of Rs 30.4 lakh cr but higher than last year's Rs 26.86 lakh cr.

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