HIGHLIGHTS-India unveils budget aimed at boosting infrastructure and foreign investment

India on Friday unveiled a budget aimed at boosting infrastructure and foreign investment, the first since the Bharatiya Janata Party led by Prime Minister Narendra Modi returned for a second term in power. Here are the highlights of Finance Minister Nirmala Sitharaman's budget for the 2019/20 fiscal year beginning April 1: INVESTMENT

* India will ease foreign direct investment restrictions in single-brand retail * Will open up FDI in aviation, insurance, media and animation sectors

* Important to get retail investors to invest in treasury bills * Will allow foreign investors to buy debt of listed real estate investment trusts

ECONOMY AND INFRASTRUCTURE * India will become a $3trn economy in the current fiscal year, and a $5trn economy in the next few years

* India to invest heavily in infrastructure and job creation * The government will upgrade 125,000 kilometres of roads over the next five years at a cost of $11.6 bln

* Railway infrastructure will need an investment of $72bln between 2018 and 2030 * India will enter into aircraft financing and leasing activities