Budget speech live streaming: Watch live streaming of budget on Aaj Tak
Presenting her maiden budget in Parliament, Union Finance Minister Nirmala Sitharaman announced that the Union Budget 2019 aims 'mazboot desh ke liye mazboot nagrik'. Sitharaman faces challenges in the form of a rising fiscal deficit and low tax collections.
Sitharaman is likely to aim to revive growth through higher investments.
Watch the live streaming here:
Nirmala Sitharaman says global foreign direct investment slid by 1.3 billion US dollar in 2018 while India's inflow in 2018-19 remains strong at over $64 billion.
Government trying to further open FDI in aviation, insurance and other key sectors, she added.
Schemes such as Bharat Mala, Sagarmala and UDAN are bridging rural-urban divide and improving transport infrastructure, says Nirmala Sitharaman.
Finance minister Nirmala Sitharaman created a stir hours before she was set to deliver her first Budget speech 2019 on July 5. Ditching the age-old colonial practice of carrying the budget speech in a briefcase, the finance minister chose a red cloth with the national emblem of India embossed on it. Will this 'departure' be reflected in her budget announcements too? Expectations are running high.
India's economy has hit a five-year low growth of 6.8 per cent in 2018-19. All eyes are now on how the finance minister proposes to steer the economy.
Also read: Union Budget 2019: Why the Budget so scares me