Finance Minister Arun Jaitley will present his first full-year Budget in Parliament on Saturday, seeking to put the country on a path of 7-8 per cent growth over the next two years.
The 2015/16 Budget is being billed as a "make-or-break" event for Prime Minister Narendra Modi's eight-month-old government.
The 2015-16 Budget is expected to give a big push to Prime Minister Modi's 'Make in India' campaign , with tax breaks and other incentives for several sectors.
A day ahead of the presentation of the Budget, the Sensex at the Bombay Stock Exchange shot up 473 points to close at 29,220.
The Nifty at the National Stock Exchange also surged 161 points, or 1.9 per cent, to 8,845.