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Finance Minister Nirmala Sitharaman is all set to present her third Budget in Parliament today. The Budget speech is likely to begin at 11 am. Ahead of the Budget presentation, MoS Finance Anurag Thakur offered prayers at his residence. 

Thakur also informed on Monday that the Union Budget will be in accordance with people's expectations. "Govt which functions on mantra of 'Sabka Saath, Sabka Vikas, Sabka Vishwas' gave new direction to India by announcing Aatmanirbhar package, protecting it from pandemic & bringing economy back on track swiftly," said Thakur.

This year's budget is particularly crucial as it comes in the wake of blows received by the economy due to the pandemic. The nature and scope of recovery in the Financial Year 2021-22 (FY22) will depend on the path taken by FM in this year's Budget. There is a near-unanimous consensus that those at economic fringes were the most severely impacted because of the pandemic and this Budget will be for them.

Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth 'bahi-khata', had earlier this month stated that the budget for the fiscal year beginning April will be "like never before".

Ahead of her third Budget presentation, Finance Minister Nirmala Sitharaman and her team will meet President Ram Nath Kovind, and will likely be accompanied by her deputy Anurag Thakur and other officials of the Finance Ministry.

Finance Minister had launched the 'Union Budget Mobile App' for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public using the simplest form of digital convenience, according to the Finance Ministry.