The budget 2017-18 is going to be unique in many aspects. It will be for the first time that Railway Budget will be merged with the general Union Budget. And for the first time, the Union Budget will be announced 1 month in advance on February 1, 2017.
The Indian economy was growing at a healthy pace of 7.6 percent, when the demonetization drive suddenly slowed down the pace of the economy. Liquidity issues are impacting businesses, especially where the cash transactions were dominant - for example such as FMCG, automobiles, real estate etc.
Due to the reduced demand, we

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