Friday 2 February 2018

Union Budget 2018

Everyone’s Expectations & Common Man Budget



Markets are upbeat ahead of Finance Minister Arun Jaitley’s Budget speech at 11 am — the Narendra Modi government’s first post-GST and last pre-poll Budget. The SENSEX opened at 36,127.20 points, while the NIFTY opened at 11,067.25. Breaking with tradition, Jaitley will deliver the Budget speech in Hindi this time. His deputy and MoS Finance Shiv Pratap Shukla has hinted at a populist Budget, saying it will be a “good Budget and will benefit the common man”. The other MoS in Finance Ministry, Arjun Ram Meghwal, also hinted at a ‘common man’ Budget, saying the government must fulfill “everyone’s expectations”. This is India's first post-GST and is being keenly watched to see what Arun Jaitley does to boost growth in Asia's third largest economy.