How the budget is made

Finance minister Arun Jaitley is going to present the most significant budget of the Narendra Modi government. Here’s a low-down of what goes on behind the scenes.
Finance minister Arun Jaitley will on 1 February present the Union budget, which comes against the immediate backdrop of the Narendra Modi government’s demonetisation exercise. Apart from that, the 2017-18 budget will see many departures from the past, including the merger of the rail budget with the Union budget.