Budget to be presented on February 1, says MoS Arjun Ram Meghwal

Minister of State for Finance Arjun Ram Meghwal on Wednesday said that the Budget date has been finalised as February 1, though a formal confirmation is awaited from the Cabinet Committee on Economic Affairs.

"It is almost decided that February 1 will be the date for presentation of the Budget. The date will be formally decided in the CCEA meeting," Meghwal said in an interview.

Instead the Budget will have Revenue and Expenditure classification.

"Revenue Department has also started the pre-Budget consultations with the various stakeholders and Finance Minister's (Arun Jaitley) consultations with major stakeholders are also planned to be held in advance," Economic Affairs Secretary Shaktikanta Das had said earlier.