Budget has to be linked to present context: Arun Jaitley

FM said people who make a mockery of the financial and legal system must pay

In an interview with Lok Sabha TV, Finance Minister Arun Jaitley discussed how he chose the areas on which he would spend more in the Budget 2017-18. 

Can you tell us about the central philosophy of the Budget principles? 

The Budget has to be linked to the present context. What does the economy need? We are strong on three grounds: public investment, a lot of FDI, and — but for the demonetisation period — increased consumer spending. And now, our strength is the sowing is good, so the yields will be better.

Our weakness is the private