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Union Budget of India
The Budget documents presented to Parliament comprise, besides the Finance Minister's Budget Speech, of the following:
A. Annual Financial Statement (AFS)
B. Demand for Grants (DG)
C. Appropriation Bill
D. Finance Bill
E. Memorandum Explaining the Provisions in the Finance Bill, 2011
F. Macro-economic framework for the relevant financial year
G. Fiscal Policy Strategy Statement for the financial year
H. Medium Term Fiscal Policy Statement
I. Expenditure Budget Volume -1
J. Expenditure Budget Volume -2
K. Receipts Budget
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Market Gurus

India remains one of the best EMs in long term
After a significant outperformance over the past 8-9 months, Indian equities are at significant premium to Asian and EM peers.
Budget was slightly underwhelming: Anthony Cragg
"Going forward, we are going to see lot of foreign direct participation in Indian businesses and that is healthy both for foreign investors and the local economy."
Budget was a little disappointing: Jim O’Neill
'In order for India to reach its potential, there needs to be substantial investment in infrastructure and education, among others, Jim O'Neill said.
'Market expectations from Budget were too high'
'These include what administrative reforms they will bring in, how they can control inflation, etc. This will be the key.'