Twitter Sentiment Analysis of the Indian Union Budget 2020

Abstract

The presented study conducts a real-time sentiment analysis of the public reaction towards the announcement of the Indian Union Budget 2020. On social media platforms, the general public vents their opinions regarding popular issues. A total of 6000 tweets were mined to gauge the quick response of the public sentiment about the union budget which was presented in the Indian Parliament on February 1, 2020, at 11 am. The instantaneous reaction of the general public in the form of tweets was mined during the budget announcement hours. A sentiment analysis based model was used to analyze the dataset. Subjectivity and polarity values obtained for the dataset were used to calculate the sentiment for individual tweets. The experiment produced an overall positive score of +149.3387 based on the Twitter user’s collective opinions.