Finance Minister Arun Jaitley is all set to announce the first full-fledged Union Budget of the Narendra Modi government for the year 2015-16 on Saturday. After presenting the interim budget last year in July, the BJP-led NDA government saw the newly-formed government resorting to long-run measures rather than the usual populist measures. The live streaming of Union Budget 2015-16 presented by Arun Jaitley can be seen here. Catch the live updates of the Union Budget 2015-16 here: LIVE Union Budget 2015-16 by Finance Minister Arun Jaitley News Updates
The live telecast of Finance Minister Arun Jaitley’s speech in Lok Sabha can be seen live here too. After Railway Minister Suresh Prabhu delivered a budget which had more of a realistic than populous approach, the expectations with the General Budget 2015-16 have only risen. It came as a surprise when Prabhu didn’t even name a single new train in his first full fledged budget. However, with budget with dubbed as substantial and realistic, both on social and mainstream media, the onus will be on Arun Jaitley to deliver on the promises his party and allies made in a run up to Lok Sabha Elections 2014. (Also Read: Union Budget expectations 2015-16: Price rise & drop of Petrol, Diesel, Automobiles, Food are top concerns of a common man! (Watch full video))
Inflation, prices of petrol and diesel, food prices will be the issues the common man is eyeing during the 2015 Union Budget. Another talking point of the Budget 2015 will be the income tax slab; will there be increase in exemption limit or complete abolishment? (Also Read: Union Budget 2015-16: Will Finance Minister Arun Jaitley abolish Income Tax altogether?)
Will the interest rates on educational, home or car loans be relaxed? What will be the Narendra Modi government’s allocation to the important education, defence, and infrastructure sectors? There are a lot of expectations which pop up hearing the word budget. (Also Read: Defence Budget 2015-16: Arun Jaitley must ensure current military inventory stasis redressal for Modi’s vision of ‘Make in India’)
With only couple of hours before Finance Minister Arun Jaitley tables the Union Budget 2015-16 in Lok Sabha, it will be interesting to see if the BJP- led NDA government deliver the ‘Achche Din’ they promised. Watch Jaitley budgetary speech in Parliament by clicking here.