Budget 2019: Expectations, likely announcements by Sitharaman on July 5

The first Budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India's economy hitting 5-year low growth of 6.8% of 2019

BS Web Team New Delhi

Union Finance Minister Nirmala Sitharaman and MoS for Finance Anurag Thakur (right) during a pre-budget meeting on Tuesday. Both ministers held consultations with different stakeholder groups from industry, trade and services

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1 min read Last Updated : Jun 22 2019 | 2:33 PM IST

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The Union Budget for 2019-20 is likely to spell out roadmap for banking reforms, including consolidation of the state-owned lenders, with a view to enable the sector to play a pivotal role in pushing India towards USD 5 trillion economy, sources said.

The first Budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India's economy hitting 5-year low growth of 6.8 per cent in 2018-1

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