Finance minister Arun Jaitley will present Union Budget for the next fiscal in Parliament on Monday amid worries over India’s slowing growth rate, government finances and reform measures.
Jaitley has the difficult job of making India regain its spot as an investors’ darling, easing rules of doing business and signalling long-term economic reforms without hurting the country’s vast consuming class.
So what does the finance minister’s briefcase comprise of besides the budget speech. Here’s a list:
Annual Financial Statement
Demands for Grants
Memorandum Explaining the Provisions in the Finance Bill
Macro-economic framework for the relevant financial year
Fiscal Policy Strategy Statement for the financial year
Medium-Term Fiscal Policy Statement
Expenditure Budget Volume-1
Expenditure Budget Volume-2
Budget at a glance
Highlights of Budget