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Union Budget 2019 LIVE updates: Nirmala Sitharaman to start her speech at 11 am, be ready for many surprises!

Finance Minister Nirmala Sitharaman will present her maiden Union Budget in Parliament today. Sitharaman will present the first budget of Modi 2.0 government on July 5 against the backdrop of India’s economy hitting a five-year low growth of 6.8 per cent in 2018-19.

It will be interesting to see how Nirmala Sitharaman proposes to steer the economy at a time when reports suggest that there’s been a steep slowdown. The Economic Survey which is traditionally released a day before the Budget mentioned yesterday that the government needs to pump in new investments.

Keeping in mind the survey and experts’ opinion, boosting investments might be a key move of Sitharaman’s budget. Dwindling exports, jobless growth, weak domestic consumption, rising NPAs, agri crisis amongst others also continue to plague the economy.

Inputs from businessstandard

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