Finance Minister Nirmala Seetharaman will create history as the first women to present a full-fledged budget in the country. There is a talk in the political corridors that this budget will pave way for the proposed one Nation one Poll concept.
It will be a development-oriented welfare budget. Being a lady Nirmala knows where to help the common man and how to get the revenue from the rich. She has graduated from the Jawaharlal Nehru University and knows the subject very well. Without having any inhibitions she also met former Prime Minister and Finance Minister Manmohan Singh.
It may be noted that Piyush Goel presented the interim budget in place of Arun Jaitley. The interim itself hinted that there will be sops for the common man and especially people are looking at the IT limit to be raised.
At the same time, the Finance Ministry has also taken suggestions from various quarters and the people, in general, to be incorporated in the Budget. The Finance Ministry has received the suggestions online.
IT, Housing, Employment, Transport are the key areas that were discussed before the budget was prepared. Simplifying the procedures and making them transparent was the main agenda given by Prime Minister Narendra Modi to the Finance Minister.
Nirmala will be presenting the budget at 11 am in the parliament. The industry is looking at the Government to get loans with lower rates of interest.
