Will India's interim budget boost growth?
18 February 2014 Last updated at 01:14 GMT
India's Finance Minister Palaniappan Chidambaram has cut indirect taxes on cars and mobile phones in an attempt to boost economic growth.
Mr Chidambaram unveiled the move as he presented the interim budget ahead of this year's general elections.
In his speech he expressed concerns over the health of the manufacturing sector and rising food prices.
And as Yogita Limaye reports from Mumbai, significant concerns remain about the state of India's finances.