Finance minister Nirmala Sitharaman on Friday arrived at the Parliament with Union Budget 2019 documents draped in a four-fold red cloth called a 'bahi-khata' (ledger). CEA Krishnamurthy Subramanian explaining the shift from briefcase to red cloth said, "It is in Indian tradition. It symbolizes our departure from slavery of Western thought. It is not a budget but a bahi-khata."
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