The warning from Minister of state for home affairs Kiren Rijiju follows a crackdown by Prime Minister Narendra Modi's administration on foreign-funded non-governmental organisations (NGOs), including Greenpeace and the Ford Foundation.

A firm believer in the new economy and power of social media, Modi will be welcomed by Apple, Facebook and Google, who want to grow in a market where the world's third-largest internet user base is set to multiply in coming years.

\"I don't think extra stimulus at this stage is necessary,\" chief economic adviser Arvind Subramanian said adding that the government will and must meet a fiscal deficit target of 3.9 per cent of GDP in the current fiscal year.

In total, utilities owe $66 billion. The government has identified about $22.7 billion of debt held by financially stretched utilities as most at risk.

GST, which economists estimate could add 2 percentage points to gross domestic product, has failed to clear Parliament due to a blockade of the Upper House by the opposition parties.

Congress is opposed to the bill in its current form and wants Modi to address concerns to secure its support for the bill.

The government says lower welfare spending will be compensated for by giving state governments a larger allocation of tax revenues to spend as they choose. But state chiefs have warned that the spending shakeup endangers the country's most vulnerable.

The new earthquake was centred 76 km (47 miles) east of the capital in a hilly area close to the border with Tibet, according to coordinates provided by the US Geological Survey.

Some of the relief material for survivors of Nepal's devastating earthquake was being held up at the country's only international airport because of customs bottlenecks, the United Nations said on Saturday.

Disposal of the hundreds of bodies still being found six days after the 7.9 magnitude quake devastated the Himalayan nation of 28 million people was becoming a problem for officials.

\"The government is doing all it can for rescue and relief on a war footing,\" Prime Minister Sushil Koirala told Reuters. \"It is a challenge and a very difficult hour for Nepal.\"

The fact that any future purchase of Rafale jets by India will come through direct talks with the French government, kills negotiations for a larger deal with Dassault Aviation.

After Narendra Modi's victory in the elections in May 2014, the Canadian government said it expected the Prime Minister to finally sign the foreign investment pact.

\"While the order is meant to be delivered as soon as possible, terms and conditions of the deal - estimated at about $4.25 billion - have yet to be worked out\", defence minister said.

Most coal block awards made by Singh's government, which ran India for a decade until last year, were overturned by the Supreme Court after it ruled the process illegal.

While it was short on the \"big bang\" reform measures, the Budget won plaudits for moves to cut corporate tax and make India more competitive.

Jaitley delivering his first full-year budget, said economic growth would accelerate to between 8 and 8.5 per cent in the fiscal year starting in April.

Analysts warn that domestic stocks are overvalued and that equity markets could see a sell off of 6-8 per cent if pro-growth measures in the Budget fall short of expectations.

The minister said the proportion of rail revenue available for investments would rise to 11.5 per cent in the fiscal year starting on April 1.

US President Barack Obama made a plea for freedom of religion to be upheld in the country, where relations between Hindus and minorities have come under strain.