Finance minister Nirmala Sitharaman will present her second Budget
on Saturday at a time when the economic growth for FY20 is officially projected to be at a decade low, pulled down by a sharp decline in investment expansion. The Budget
should have something for sectors such as agriculture and manufacturing, besides ways to push up demand. However, constraints such as bringing down fiscal deficit
to 3 per cent of GDP in the next financial year in line with the papers laid under the Fiscal Responsibility and Budget
Management (FRBM) Act come in the way. It is almost clear that the deficit will not be reduced to such an extent, or else the economy will struggle to recover.