With a fair dose of reforms in the form of direct kerosene and fertiliser subsidies to users, Finance Minister Pranab Mukherjee Monday presented theu00a0Union Budget for 2011-12, promising to check inflation and corruption and push growth.

Stating that India had bounced back after the global financial crisis with broadbased growth, he said inflation remained a matter of concern, especially in food prices, though it had dipped from over 20 per cent to around 7 percent now.