Union Budget 2016 to be presented on February 29

The government will present the Union Budget for 2016-17 on February 29, Minister of State for Finance Jayant Sinha said.

Zee Media Bureau

New Delhi: The Narendra Modi government will present the Union Budget for 2016-17 in Parliament on February 29, Minister of State for Finance Jayant Sinha said on Thursday.

Finance Minister Arun Jaitley in his second full-year budget is likely to focus on steps to accelerate economic growth that seems to have stagnated in 7-7.5 percent range amid a global slowdown.

Finance Minister Arun Jaitley's Budget team comprises Minister of State for Finance Jayant Sinha, Chief Economic Advisor Arvind Subramanian and NITI Aayog vice chairman Arvind Panagariya.

The official team is led by Finance Secretary Ratan Watal, DEA Secretary Shaktikanta Das, Revenue Secretary Hasmukh Adhia and Disinvestment Secretary Aradhana Johri.