Live updates and discussion budget 16

Union Budget 2016 : Finance Minister begins Budget speech

Presenting the budget when the global economy is in a serious crisis: Arun Jaitley

Foreign exchange reserves are at highest ever level: FM

FM : We inherited an economy with low growth and high inflation
FM : IMF has hailed India as a bright spot

FM : Indian economy has held its ground firmly

GDP growth accelerated to 7.4% : FM Arun Jaitley
We have bridged the trust deficit created by the previous government
Our forex reserves are at the highest level
 

 FM says that recapitalization of banks will be done during next FY

#The growth of GDP has accelerated to 7.6% # budget 2016

Global trade is contracting. Global Growth Has Slowed To 3.1%#budet 2016

 Nominal premium and highest ever compensation in case of crop loss under the PM Fasal Bima Yojana: FM

#Our external situation is robust, CAD has declined to $14.4 bn this year, will be 1.4% of GDP at the end of fiscal - budget 2016

 #We inherited an economy with low growth and high inflation - budget 2016

CPI inflation has declined to 5.4%#budget 2016

FM says that recapitalization of banks will be done during next FY # budget 2016

Farm, rural sector, infra, social sector to have more Government expenditure: FM