"People of India have voted decisively for change," Jaitley said in what was the maiden budget for himself and Prime Minister Narendra Modi's government.
Railway Minister Sadananda Gowda on July 8 presented his first budget, the Railway Budget for fiscal 2014/15, in Parliament. Funds of about Rs 5 lakh crore are required for the next 10 years for completing ongoing projects alone, the minister said.
Minister of Information and Broadcasting Prakash Javadekar and his predecessor Manish Tiwari discuss how fast-tracking approvals to projects can boost the economy.
Food Minister Ram Vilas Paswan talks about how the new government plans to iron out the issues related to the Food Security Act's implementation across states.
Road Transport and Highways Minister Nitin Gadkari and his predecessor Kamal Nath discuss the ways the Narendra Modi government's first budget can help India return to over 8 per cent growth rate.
Ajit Ranade, chief economist at Aditya Birla Group says the government should tame inflation, ensure fiscal consolidation, raise agricultural and manufacturing growth in the July Budget.
Satya Poddar, Partner, EY says the government should avoid controversial structural reforms in the Budget that may dampen investor sentiment. The government should provide stimulus to raise capital spending.
