Arun Jaitley, Union Budget 2018-19, Lok Sabha, Union Budget 2018
Business Today
Oil ministry seeks cut in excise duty on petrol, diesel in budget 2018

Prime Minister Narendra Modi, who faces elections in key states later this year, and a nationwide election in early 2019, has faced pressure over a rise in retail prices of petrol and diesel to a record level.

The government's push for cash-less economy started with the announcement of the demonetisation on November 8, 2016.
The whole exercise kicks off with a customary ritual where halwa, an Indian dessert, is distributed among the Finance Ministry staff.
The government had last year advanced the budget date by one month. Up until then, country's annual budget was presented on the last working day of February.