Home News Reports Government rubbishes media speculations about full budget, clarifies it will be presenting Interim Budget

Government rubbishes media speculations about full budget, clarifies it will be presenting Interim Budget

Several media houses had been reporting that government will be presenting a full budget

Putting the speculations about the kind of budget the union government will be presenting, today the Finance Ministry clarified that it will be ‘Interim Budget 2019-2020’. The ministry has issued a one-line clarification saying, “This Budget will be called Interim Budget 2019-20 and therefore, don’t have any confusion on this issue.”

For the last several weeks, there was intense speculation in media that the Modi government will be presenting a full budget instead of an interim budget. In an election year, the government presents an interim budget, or a vote on account, for the remaining term of the government, and the new government after the election presents a full budget for the remaining term of the financial year. Therefore, the reports of a full budget had created a controversy.

The reports that government is considering a full budget is being circulated by media for the last several weeks. Even earlier today, certain media houses had reported that Modi government will present a full budget.

- Advertisement - - Article resumes -

Reacting to media reports, the Congress party had attacked the government for planning to present full budget. It had said that the NDA-BJP government does not have the electoral mandate and legitimacy to present six full budgets in five years.

But all those media reports have proved to false after the clarification from ministry today. It is also important to note that while media was spreading the news about a full budget, the provisional calendar published by Lok Sabha had listed the budget as Interim Budget, which will be presented at 11 AM on February 1.

Lok Sabha calendar listing interim budget

The invitation sent by the ministry to media for a photoshoot with the finance minister ahead of the budget presentation also lists is as interim budget.

Invitation for budget photo-op

Due to the ongoing treatment of Finance Minister Arun Jaitley, the interim budget will be presented by Railway Minister Piyush Goyal on February 1, who was given the additional charge of Finance Ministry.

Share This Post With Your Friends & Fans:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

Sri Lanka attacks

Sri Lankan millionaire’s family was an ISIS cell: Suicide bombers shatter shameless excuses peddled by ‘liberals’ to justify Islamic terrorism

All over the world, the terrorist attacks by radical Islamists is immediately served with long and extensive excuses about how social ills, discrimination, poverty, hardships, and atrocities lead to terrorism.

Meet the Photoshop artist whose work Akshay Kumar showed to Prime Minister Modi

While mostly people have been appreciative of his artwork, suspended bureaucrat Ashish Joshi has threatened him with police complaint about his cleverly Photoshopped image
If you believe Google trends, this election is a runaway win for Modi

If you believe Google trends, this election is a runaway win for Modi

It’s fairly clear: Congress hasn’t managed to get its message out.  If you ask Google Trends, this election is over. The writing is on the wall. PM Narendra Modi is all set to win

Propagandist Dhruv Rathee mocks Manohar Parrikar’s death to score political brownie points

Earlier, too, Rathee was caught speaking the same language as that of Pulwama attack terrorist by mocking 'cow urine drinkers'
The Quint lies, twists and tortures CVoter data to make it say that the Modi wave is over. Here is what the data actually says

The Quint lies, twists and tortures CVoter data to make it say that the Modi wave is over. Here is what the data actually says

Leftist portal The Quint published an article headlined "Modi wave over? Why pollsters are scaling down projections for BJP" based on CVoter data, where the data itself was twisted, selectively quoted and misrepresented

Coward, gutless, visionless, losers: ‘Neutral’ media has a meltdown after Priyanka Gandhi Vadra is not fielded as Congress candidate against PM Modi

The media first put its eggs in the Rahul Gandhi basket, and when that appeared to have holes big enough to fit chickens, they decided to pin their hopes on Priyanka Gandhi Vadra.

Two AAP MLAs lunged towards Kejriwal and one punched him such that his glasses fell off, claims Kapil Mishra

AAP MLAs reportedly beat up Kejriwal so much that he has injured his knees and could not walk properly

Mamata Banerjee sends kurtas and sweets for him says PM Modi in a freewheeling chat with filmstar Akshay Kumar

Prime Minister Modi's informal interaction with film star Akshay Kumar leads to a meltdown of 'journalists'

After getting Bangladeshi actors to campaign, Mamata’s TMC caught running ads in Bangladesh appealing for votes

Mamata's TMC is running as many as 13 ads on Facebook, appealing people to vote for TMC in the ongoing elections
Tehseen Poonawalla mocks people for using chalks to clean their shoes

Robert Vadra’s relative mocks Modi’s memories, exposes why Congress could never understand needs of India’s poor

Tehseen Poonawalla mocked PM and others who claimed to have used chalk to whiten their dirty canvas shoes and called them dumb.

Latest articles

Connect with us

157,454FansLike
130,575FollowersFollow
54,970SubscribersSubscribe

Don't miss these

Share This Post With Your Friends & Fans: