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Goyal to present interim Budget 2019-20 on February 1

Piyush Global

New Delhi | Keeping up with the tradition, the Narendra Modi-led government ahead of the general election will present an interim Budget on February 1, which is widely expected to contain certain sops for farmers and middle class.

The last Budget of the present NDA government is likely to be presented by interim Finance Minister Piyush Goyal in the Lok Sabha.

Confusion was created after the commerce ministry on Wednesday in a message to media said, “Do not refer Budget 2019-20 as interim Budget, it is officially referred to as general Budget 2019-20”.

However, the Finance Ministry later clarified that the Budget will be called interim Budget 2019-20.

There were confusion in political circle that the government may deviate from the practice of presenting interim Budget and come up with full Budget ahead of the general elections.

To this principal opposition party Congress had said it will strongly oppose both inside and outside Parliament the presentation of a “full budget” by the BJP-led NDA government as it has “no electoral legitimacy” and the step will go against set precedents and Parliamentary traditions.

Last week, Railway Minister Goyal was given additional charge of the Finance Ministry as Arun Jaitley has gone to the US for treatment.

Jaitley as the Finance Minister has presented five Budgets.

As per practice, a Vote-on-Account or approval for essential government spending for a limited period is taken in an election year and a full-fledged budget presented by the new government.

While P Chidambaram had presented the previous UPA government’s Vote-on-Account in February 2014, Jaitley presented a full budget in July that year. Narendra Modi-led government scrapped a colonial-era tradition of presenting the Budget at the end of February.

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Nitish Kumar’s party JDU said the BJP called leaders of its new ally RJD and asked them to wait “three-four days” before sealing the new alliance.

Mumbai: There is no ghosting in this breakup, despite the fact that JDU’s Nitish Kumar parted from the BJP in a hurry. His party, the Janata Dal-United or the JDU, and the BJP, which were expelled on Tuesday, traded lengthy accusations today over how their alliance came to an end.
“How the BJP treats people is before you,” Nitish Kumar remarked.

Union Minister Giriraj Singh of the BJP claimed that Nitish Kumar had compromised the coalition’s principles.

That is a ludicrous assertion, according to Nitish Kumar’s party, and the BJP tried to coerce other parties into not joining him out of a desperate attempt to stop him from creating a new alliance. “Yesterday, they were trying to call RJD leaders, saying you can go but after three-four days. But they no longer have an agent anymore. They only had one agent and Nitish  had him removed,” said Nitish Kumar’s party president Rajiv Ranjan “Lalan” Singh.

Today, the BJP sought to prove that it tried to make good relations with JDU’s  Nitish Kumar once it became apparent that he was upset.

“Only two days back, Amit Shah made a telephone call to Nitish Kumar, he said ‘there’s nothing to worry about’,” said senior BJP leader Sushil Kumar Modi.

Team Nitish has used BJP President JP Nadda’s statement from approximately a week ago that “Other parties would be wiped out, the BJP alone will survive” as proof that the Prime Minister’s party.

 

 

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