The budget comes at a high time when the nation is reeling through the testing times of the COVID-19 pandemic and the undeniable fact that the economy is in a critical state.
The Union budget holds importance with how the Modi government approaches the upcoming financial year to repair the damages and to promote Narendra Modi's 'Self-reliant' India.
Finance Minister Nirmala Sitharaman said that the Prime Minister's vision is to empower the taxpayer, to provide a transparent system & to honour honest taxpayers.
Besides these announcements, the Budget has no ratification on creating new employment opportunities that had largely been criticized by the opposition parties.
The anticipations are high on whether her budget would fix the shaking grounds of Indian markets and revive with the purifying announcements to stabilize India, which is Asia's third-largest economy.