NEW DELHI: The union Finance Minister Nirmala Sitharaman has presented the budget for the next financial year. The minister has announced huge investment projects for basic infrastructural development. Weapon import will be reduced, said the minister.

About 68 percent of the defence budget will be allocated for Make in India projects. The budget also announced the hike and drop in prices of goods.

Increase in price

• Imitation jewellery
• Sodium Cyanide
• Umbrellas
• Imported construction goods

Decrease in price

• Diamonds
• Gems
• Mobile phone
• Chemicals for processing petroleum
• Stainless steel
• Alloy steel
• Garments