Union Finance Minister Arun Jaitley chaired the pre-budget meeting with finance ministers of all the states and Union Territories in the national capital on Thursday. In the pre-budget consultations, Jaitley will hear the state ministers expectations from the Union Budget. The Union Budget, the last one during this tenure of the Bharatiya Janata Party-led National Democratic Alliance (NDA) government, will be presented on February 1. The budget session will begin on January 29. The fifth budget comes just a year ahead of the 17th general election. Watch video to know more.