Live updates on budget 2017

Budget 2017 starts with Speaker Sumitra Mahajan paying condolences to E Ahamed #Unionbudget2017

#budget17    - FM Arun Jaitley rises to present Union Budget 2017

- IMF estimates world GDP will grow by 3.4 per cent in 2017 #FM

- The government is now seen as a trusted custodian of public money, I express gratitude to people for their strong support #FM

Focus will be on energising youth & create jobs #FM

 #FM - Demonetisation is a bold and decisive measure, for many decades tax evasion was a way of life for many

Demonetisation and GST will have an epoch making impact on our lives, says FM Arun Jaitley while presenting budget #Unionbudget2017

India’s Current Account Deficit decreased frm about 1% of GDP last yr to 0.3% of GDP in 1st half of 216-17

#FM - Growth in a number of emerging economies is expected to recover in 2017

#FM - Demonetisation seeks to create a GDP that is bigger, cleaner and real

Impact of demonetisation not expected to spill over to next year, says FM

India has become the 6th largest manufacturing company #FM

Budget contains three major reforms: Budget advanced for early start of fiscal expending; merging of Rail Budget to main Budget; Done away with paln and non-plan expenditure  #Unionbudget2017

Surplus liquidity in the banking system will aid in lower cost of lending & credit growth, says FM