NEW DELHI: Finance Minister Pranab Mukherjee has reached the Parliament to present the budget for the year 2012-13 against the backdrop of a sharp slowdown in growth, deteriorating fiscal conditions, continuing inflationary pressure and political turbulence.This will be the seventh time Mukherjee will be presenting budget in the Lok Sabha, the second highest number of time by any finance minister. Mukherjee had presented budgets for three consecutive years in early 1980s.
Mukherjee is facing a huge challenge of reviving economic growth, which has slowed down over the last six quarters.
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