The Cabinet Committee on Political Affairs (CCPA) deliberated on the dates on the budget session on the meetings. It is expected to be the last session of the current Loksabha as the general elections are due in April-May. An interim budget is quite similar to a full-year budget as it also provides an outlook of a financial statement for a particular year. Higher allocation for stressed agriculture sector, greater public investment to drive growth and a universal basic income for the deprived are some of the suggestions from the aam aadmi for Arun Jaitley’s sixth budget to be presented on February 1, which will be an interim one and also the last of this government. ET presents the findings of LocalCircles Citizens’ Budget for 2019. Safety was the biggest concern with respect to railways.
The budget session of this year will begin from January 31 to February 13. It would be a interim budget and the last budget of this government. This will be the sixth budget of the Finance Minister Arun Jaitley. The interim budget is expected to be presented by the finance minister on February 1.
This budget will be a very crucial one for the Narendra Modi government as it will be their last chance to flash their good deeds in the eyes of the citizens. They should announce some crucial measure as the NaMo government is seeking for the second term. As per practice, the interim budget needs approval for the government spending for a limited period of time and a full-fledged budget presented by the new government. While P Chidambaram had presented the interim budget in February 2014 and Arun Jaitley had presented the full budget in the month of July in the same year.