Finance Minister Nirmala Sitharaman will announce her second Union Budget today.
The Budget 2020 will be closely monitored to know what steps to be taken to boost consumer demand and revive growth. The Budget 2020 is also expected to seek to kickstart an economy staring at the worst pace of expansion recorded since the 2008-09 global financial crisis.
The government is widely expected to raise spending on infrastructure and cut some personal tax to spur consumer demand and investment. The stock markets, which have been volatile ahead of the Budget day, will remain open for a special trading session.