Union Budget 2011-2012 was presented by the Finance Minister of India in Parliament on the last working day of February. Key highlights included: 1. India's GDP is estimated to grow at 9% in 2011-2012, up from 8.6% previously. Fiscal deficit is projected to fall to 4.6% from 5.1%. 2. The budget aims to boost rural development and improve public institutions and governance. 3. Total expenditure for 2011-2012 is budgeted at Rs. 12,57,729 crore, with allocations of Rs. 1,60,887 crore for social sectors, Rs. 52,057 crore for education, and Rs. 26,760