The finance minister's revenue efforts represent a mix of progressive taxation, dipping into the petroleum sector for collecting more taxes and growing protectionism
Sitharaman was seen carrying the red cloth wrapped budget papers that was neatly bound with the auspicious yellow and red ribbon
Expectations are high from the Budget, given that Prime Minister Narendra Modi came back to power following a bigger mandate than his first term
On July 5, Sitharaman makes her first major public appearance in her new role, presenting India's budget at a time when she's under pressure to spend more to reinvigorate the economy
In January-March, annual growth slumped to 5.8%, the slowest pace in 20 quarters. Growth for the financial year that ended in March was 6.8%, also a five-year low
There's growing expectations that the government will do an accounting sleight of hand to keep its deficit in check: borrow via state-owned firms and issue special bonds
Around 60% of economists, 21 of 37, who answered an additional question about the focus of the budget said it would be more on fiscal expansion than prudence
New FM has multiple pressures to balance when drafting Budget
The Budget speech must include reform measures for PSU banks, a commitment to boost PSU bank lending, and specific measures to resolve the problems faced by NBFCs
The new government must focus on its revenue streams as it prepares for its first Budget
Steps should be taken to make India a healthcare destination of the world, says Dr Sujit Chatterjee
There is a need to offer protection to the Indian industry from Chinese imports, says Rajesh Nigam
Budget should take steps to improve the quality of life in rural India & give boost to economy
Special purpose PE fund could be another game changer for encouraging research in healthcare sector
However, there are certain reductions in duties of components to promote domestic manufacturing
India can take a leaf or two out of Obamacare to undertake regulatory reforms in healthcare sector
It should enable Indian agrochemical firms to get faster registration for their products
Govt needs to give better incentives to industry especially for machinery upgradation & power rates
Budget is expected to provide certain incentives to promote innovation & in-house R&D in the sector
While agriculture got allocations of Rs 13,741 cr, fisheries & aquaculture received only Rs 401 cr