Before fixing a new date for the presentation of Union budget for 2017-18, the government is likely to hold discussions with the Election Commission to avoid any clash with the schedule of five states headed for polls.
Assembly elections are due to be held in February in Uttar Pradesh, Punjab, Uttarakhand, Goa and Manipur.
“When we traditionally had the Union budget presentation on the last day of February , the Election Commission always knew of it and would weave around poll schedule accordingly .Now that the government has decided to advance the budget, some kind of consultations need to happen with the Election Commission,“ a top official said. The Cabinet last week agreed to advance the presentation of the budget to complete the legislative exercise before the beginning of new financial on April 1 as it would help plan spending on schemes better and boost economy . The new date is yet to be decided.
The finance ministry has proposed that the budget presentation be fixed for February 1 and the entire exercise be completed by March 24. It wanted the budget session of Parliament to begin before January 25 and go in for a three-week break between February 10 and 15 before reconvening between March 10 and 15 to complete the legislative exercise.
With polls in five states likely to be held in phases, the budget schedule may clash with campaigning and polling. So the government wants to get a fix on the likely dates after speaking to EC. The tenures of the assemblies in the five states are due to end between March 18 and 27, 2017.
TOI
Comments
Post a Comment