Budget 2020: Finance Minister Nirmala Sitharaman paid homage to former finance minister late Arun Jaitley in her speech on Saturday morning. During her Budget speech, the current finance minister remembered Jaitley for introducing Goods and Services Tax (GST). She also quoted the former finance minister during her speech.

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The finance minister also thanked Prime Minister Narendra Modi for his leadership.

"With renewed vigour, under PM's leadership, we commit ourselves to present the people of India with all humility and dedication. People have reposed faith in our economic policy," Finance Minister Nirmala Sitharaman said.

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She said that our people should be gainfully employed, our businesses should be healthy; for all minorities, women and people from SCs and STs, this Budget aims to fulfill their aspirations. 

"GST has resulted in efficiency gains in transport and logistics sector, inspector raj has vanished, it has benefitted MSME. Consumers have got a annual benefit of 1 lakh crore rupees by GST,"  the finance minister added.

This is Nirmala Sitharaman's second budget speech. You can catch all updates on #BudgetONZEE.