New Delhi, Jan. 20 -- The 2020 Union Budget process kicks off officially on Monday with the customary 'halwa' ceremony marking the start of printing documents for the Budget.
This year the Budget will be presented at a time when growth has dropped to a six-year low amidst a persistent slowdown in the economy and the weak demand.
Besides, consumption, investment, the outlook and the targets likely to be missed for the fiscal deficit, tax revenues and disinvestment, all add up to a dismal scenario for the current fiscal.
The GDP growth too for the current fiscal ending in March is expected to be 5 per cent.
In the context of such subdued macro figures, Budget 2020-21 is expected to be taking steps to create jobs, and raise consumption and...