Finance Minister Nirmala Sitharaman unveils budget with three themes
It is a budget that everyone hopes will hold big announcements that will rev up the economy.
The Economic Survey tabled on Friday suggested that the government must go easy on the fiscal deficit math and go counter-cyclical – spend big and cut taxes. But will Nirmala Sitharaman do that in the first budget of the decade being tabled at a time when the economy is in the throes of a slowdown? And again if they spend, where will they focus on?
What of the struggling auto and realty sector? What relief will they and consequently all those dreaming of new cars and new homes get? What of the other sectors, of agriculture? And what of the Assemble in India for the World plan that the Economic Survey suggested to generate eight crore jobs by 2025.
Finally, that big question which India’s much-talked-about middle class is obsessed about – Will there be any tax breaks to encourage spending? Find out with our live coverage.