Economists believe government might settle for a higher fiscal deficit target of 4.5 per cent to fund capex.
Late former finance minister Arun Jaitley's son Rohan is all set to become the next president of the Delhi & Districts Cricket Association (DDCA) and has promised to halt 'unnecessary expenses' in the corruption and controversy-ridden body.
Indian markets on Thursday shrugged off any negative impact.
He also took potshots at opposition parties' decision to observing November 8 as a 'Black Day', saying the move displays their faith in cash economy.
As part of the long-standing ritual, the sweet dish is prepared in a large vessel and consumed by a large number of official and support staff who are required to stay in the North Block office till the presentation of the Budget, which is February 28 this year.
'We are working to put up an actual plan in play to deal with the banking situation, which is top of our agenda,' finance minister tells Harvard University students.
"When you switch over, it creates disruption. I don't see disruption lasting too long. You may see the impact for a quarter or so. Then when you look at next 12-15 quarters, it's certainly going to benefit," Jaitley said at the HT Leadership Summit in New Delhi.
'Would this crackdown of the terrorist module by NIA have been possible without interception of electronic communications?'
Earlier, the RBI cut its policy interest rate to 6.75 per cent.
Finance Minister Arun Jaitley presented the Union Budget for 2014-15 on Thursday.
The amendments were adopted with a significant margin, with the difference of votes ranging between 27 and 34 votes.
Finance Minister Arun Jaitley on Wednesday drove over to Rahul Gandhi's 12 Tughlak Lane bungalow to personally invite the Congress vice-president to his daughter Sonali's wedding.
The 3 per cent target would now to reached a year later.
Finance Minister Arun Jaitley presents the current National Democratic Alliance government's fifth and arguably his toughest budget.
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