Budget 2020 Live: Fiscal deficit revised to 3.8% from earlier 3.3%

Finance Minister presenting the toughest budget in more than a decade

budget-Nirmala-sitharaman-

Ahead of the budget presentation today, Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur have arrived at Parliament. The duo will attend a cabinet meeting at 10:15 am.

On Saturday, Sitharaman, in her second budget in six months, is expected to announce measures to restore economic growth and to set out a clear road map for achieving the ambitious target of $5 trillion economy by 2025.

A cut in personal income tax, sops for rural and agriculture sectors as well as an aggressive push on infrastructure spending are likely to be part of Finance Minister Nirmala Sitharaman's "feel-good" second Budget.

Facing the worst economic slowdown in more than a decade, Sitharaman is expected to pull out all stops to spur consumer demand and investment, government sources and economists said.