Finance Minister Nirmala Sitharaman would allocate additional funds for PM Kisan scheme to increase the monetary benefit to farmers.
Under the new tax regime, tax rates were slashed.
The finance minister presented the Union Budget for the financial year 2019-20 in the Parliament.
The finance minister announced to withdraw customs duty on electronic items made in India.
The finance minister will be holding her first pre-budget consultation meeting with farm bodies and agricultural experts.