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Arun Jaitley presents Union Budget in Parliament

India Blooms News Service | | Feb 29, 2016, at 04:43 pm

New Delhi, Feb 29 (IBNS): Amid Opposition protest over the ongoing JNU row and Smriti Irani's statement in Parliament, Union Finance Minister Arun Jaitley on Monday began presenting the Union Budget 2016.

He began saying that there is a global slowdown but Indian growth should not slow down.

He said the challenges are opportunities too.

"Inflation has come down," he said, adding that the forex reserve is highest ever.

With expectations running high, it remains to be seen if the budget packs some big bang reforms or follows more a populist line.

The Economic Survey 2015-16 presented in the Parliament on Friday by Jaitley emphasized that Indian economy will continue to grow more than 7 percent for the third year in succession in 2016-17 helped by a normal monsoon, despite global meltdown.

This is the third time Jaitley is presenting the Union Budget.

#Arun Jaitley # Budget speech # Budget 2016

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