Tuesday, March 2, 2021
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.

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.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

A woman molested, a father murdered, a Samajwadi Party leader accused: Here is all you need to know about the Hathras case

"Aatankwadi hain woh", Hathras victim Pooja exclaimed, expressing her angst against the SP leader for killing her father

Ajay Maken becomes one of the first party leaders to take COVID-19 jab even as Congress maintains silence over vaccination drive

Congress leader Ajay Maken, along with his wife, mother and mother-in-law took the first dose of COVID-19 vaccine this morning at Guru Gobind Singh Hospital in Delhi

FIR against Aam Aadmi Party MLA Abdul Rehman for molestation, assault, was earlier booked for anti-CAA violence

Abdul Rehman, who is a legislator from the Seelampur constituency, claimed that the allegations against him are 'false' and 'baseless'.

Dissenting Congress leaders plan to hold another event in Haryana, question party’s election strategy in West Bengal

Hitting out at the Congress, G-23 leader Anand Sharma questioned the decision of the party to forge an alliance with radical cleric Abbas Siddiqui's Indian Secular Front (ISF).

‘Go drink urine’: Pro-Khalistani elements attack ‘Tiranga and Maple rally’ organised by Canadian Indians, insult the Tricolour

Pro-Khalistani elements attack a 'Tiranga and Maple' rally organised by Indian Canadians to celebrate the co-ordination between the two countries.

After Khalistanis, Akali Dal and Sikh religious body extend support to Deep Sidhu who desecrated Red Fort during Republic Day riots

Shiromani Akali Dal leader Manjinder Singh Sirsa revealed that Delhi Sikh Gurudwara body has extended legal support to Deep Sidhu.

Recently Popular

‘Inserted her hand claiming she was planting a tree’: LGBT activist Divya Dureja accused of sexual assault under pretext of shamanic ritual

A popular LGBT activist Divya Dureja has been accused of sexual assault by Elodie Gendron under pretext of a Shamanic ritual.

The Hindu ‘journalist’ Suhasini Haidar puts out misinformation about ISRO satellite launch: Read details

Suhasini Haidar, National Editor of 'The Hindu', put out false information on social media in attempt to mislead the public.

Gujarat: Ahmedabad woman Ayesha commits suicide by jumping into Sabarmati River, last video message goes viral

A video has gone viral on social media where Ayesha, a young woman, can be heard announcing her decision to commit suicide.

US President Joe Biden casually drops the N-word during Munich Security Conference, accused of racism on social media

The N-word is considered as one of the hateful words that were first uttered in the 17th century. Its origin can be traced back to the Spanish word 'negro', which is often used by white supremacists to deliberately offend the African-American community.

Rashmi Samant, president-elect of Oxford Student Union resigns after online attacks over her Hindu roots and old social media posts

An Oxford University staff member dragged Rashmi's parents in the controversy, using their display picture which had Lord Ram's photo.

Australian media slam Justin Trudeau for abstaining vote against China, calls his government the most pathetic in the history of the Five Eyes

Sky News Australia host called Justin Trudeau government the most pathetic in the history of Five Eyes nations
- Advertisement -

 

Connect with us

253,147FansLike
521,262FollowersFollow
23,800SubscribersSubscribe