New Delhi | Jagran Business Desk: Finance Minister Nirmala Sitharaman will present the second full-fledged budget of the Modi government 2.0 on Saturday. This will be Sitharaman’s second budget as Finance Minister of India. Sitharaman is only the second woman to Finance Minister Indira Gandhi.

As per tradition, a cabinet meeting will take place at 10.30 am where the budget will be approved. Following this, FM Sitharaman will leave to meet the President.

Last time, the Finance Minister carried a ‘bahi khata’ (ledger), wrapped in a red cloth with a golden ribbon and national emblem on top, instead of a traditional budget briefcase.

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The expectations from the Budget 2020 is high as it comes amid a deep downturn in the economy, investment and lack of jobs. The government has also taken a slew of measures to address the slowdown.

The government recently released the GDP growth data which showed India's GDP growth slowing to an 11-year low of 5 per cent in the current fiscal due to poor showing by the manufacturing and construction sectors.

Where to Watch Live Streaming Of Union Budget 2020:

You can watch the live streaming of the Union Budget 2020 on national television channels such as Doordarshan, Lok Sabha TV, Rajya Sabha TV. You can also catch all the LIVE updates at English.Jagran.com.

Earlier on Friday, Sitharaman had tabled the Economic Survey 2019-20 in the Parliament. It projected India’s economic growth at 6 per cent to 6.5 per cent in the next financial year starting April 1, saying growth has bottomed out.

The growth in 2020-21 compares to a projected 5 per cent expansion in 2019-20, with the Economic Survey calling for more reforms for making it easier to do business in country.

Weak global growth impacting India as well as investment slowdown due to financial sector issues had led to growth dropping to a decade low in current fiscal, it said, adding 5 per cent growth projected for 2019-20 is the lowest it could fall for now.

For complete coverage of Union Budget 2020 click here.

Posted By: Aalok Sensharma