Union finance minister Nirmala Sitharaman in her maiden budget speech announced that country is ready to become a $3 trillion economy while unveiling key proposals for this financial year. The government also cut the fiscal deficit for the financial year seen at 3.3 percent of GDP, 0.1 percent lower than the previous FY. It also allocated Rs 70,000 crore for PSU bank recapitalisation this financial year. Here are a few key highlights from the Union Budget.
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