That means shrinking revenues. That means a deeper hole. The premier speaks, as he has done in the past, about what now must be done in this grim time. Finance Minister Nirmala Sitharaman’s parents were seen at parliament. It will be her first budget after taking charge as Finance Minister in May following a landslide win in the national election for Prime Minister Narendra Modi. Ms Sitharaman, 59, is India’s first full time woman finance minister.

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