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Jaitley set to present national budget for 2016-17
Language : hindi
Business . Difficult
29-02-2016 05:20:07 .
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 Finance Minister Arun Jaitley was set to present India's national budget for the next fiscal in the Lok Sabha on Monday amid concerns over the country's stagnating growth rate, government deficit and direction of reforms. 
 
On the way to the Parliament House, which he reached at around 9:40 am, Jaitley went to his North Block office with his deputy Jayant Sinha and the budget team for last minute consultation. He is due to present the budget at 11 am, afer quick meeting of the cabinet. 
The Economic Survey that was tabled by him on Friday somewhat set the tone for what to expect. "The coming year is expected to be challenging one from the fiscal point of view because of challenges posed by lower than projected nominal GDP growth, it sdaid. 
It has also called for  re calibration of expectations. 
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expectations consultation challenging calibration stagnating government challenges projected direction country's
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