Finance Minister Arun Jaitley presents the Union Budget today and the entire country is looking at the developments! This is Mr. Jailey’s fourth budget and is quite important as it’s the first post the November 9 demonetization news. The Union minister strongly defended the demonetization decision and said ‘remonetization’ will be in place soon. He called it a ‘bold and decisive measure’ while clarifying the reason for the move.
One of the highlights of the Budget was the move on the Railways sector. The Finance Minister said there would be an emphasis on cleanliness, safety and development in the Indian railways. Rs 1.31 lakh crore has been allotted for the development works and Rs 1 lakh crore for passenger safety.
He also added that 500 stations will be disabled-friendly and the e-tickets will get cheaper with no service charge on online bookings. Looks like the middle-class has dominated the budget decisions this year!