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Budget 2020: Finance Minister Nirmala Sitharaman Begins Presentation Of First Full Budget Of Modi Government 2.0

Swarajya StaffFeb 01, 2020, 11:12 AM | Updated 11:12 AM IST

Finance Minister Nirmala Sitharaman outside Parliament before presenting the Budget for 2019-20 (via Twitter).


Presenting to the nation her second union budget in a matter of months, Union Finance Minister (FM) Nirmala Sitharaman has reached the Parliament and has begun her speech.

Ahead of her speech, FM Sitharaman and Minister of State (MoS) Anurag Thakur participated in a cabinet meeting chaired by Prime Minister (PM) Narendra Modi in the parliament premises. It should also be noted that the clandestinely kept printed copies of the budget document have also arrived at the Parliament.

The budget comes at a time when the Indian economy is bracing through a slowdown. The nation awaits to listen what FM Sitharaman and her team at the Ministry have packed in the budget's edition to reinvigorate the animal spirits of the economy.

There are wide speculations over the possibility FM Sitharaman announcing of cuts in personal income tax rates and announcement of major reforms in factor markets to boost demand in the economy, and to ensure sustained growth and investments in the years to come.

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