India's much-awaited annual budget - in a year when the country faces its deepest recession - comes amid huge expectations.
Covid-19 has ravaged the country, shrunk its GDP, sent unemployment soaring and added to the distress of a banking sector that was already in crisis.
But Finance Minister Nirmala Sitharaman's budget aims to spend big to push growth.
Outlays in key areas such as healthcare and infrastructure have been ratcheted up to spur economic activity. Given that there is no increase in direct taxes, this exacerbates India's delicate fiscal position.
India's fiscal deficit - the gap between its revenue and expenditure - for the current financial year is set to rise to 9.5%, the highest since the country opened its markets to the world in 1991.
For 2021-22, the deficit is being targeted at 6.8%, significantly higher than the consensus estimate of 5.6%. Ms Sitharaman said the goal was to halve it in the next five years.
Here are the big takeaways from the budget slot pg
Health spending is up by 137%
At just over $30bn (£21bn), India's overall health budget has more than doubled. This is a massive boost for India's health sector, which has long been under-funded, receiving just about 1.3% of GDP.
More than $8.5bn has been earmarked to upgrade healthcare infrastructure at the primary, secondary and tertiary level over a period of six years.
The government has already committed another $4.8bn to India's Covid vaccination programme, the world's largest drive, which will extend to more than 1.3 billion people.
Ms Sitharaman said the government would increase the funds if necessary, although it is still unclear if it plans to pay for vaccinating the entire population.
India is still in the first phase of the drive, which is restricted to frontline workers, and is expected to cost some $2bn.