New Delhi: Finance Minister Arun Jaitley was set to present India's national budget for 2015-16 amid high expectations from all stakeholders in lifting overall growth, reinforced by the positive agenda set by the Economic Survey for "big bang" reforms.

"As the new government is to present its first full year budget, it appears India has reached a sweet spot and that there is a scope for big bang reforms now," the survey, tabled by Jaitley Friday said, preparing the ground for the latest annual budget.