Don’t miss the latest developments in business and finance.

Poll schedule could delay Budget presentation

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:49 AM IST

The announcement of the Assembly election schedule in five states between January 30 and March 3 has raised the possibility of the rescheduling of the Union Budget presentation this year.

The General Budget, which is presented on the last day of February every year, may be slightly deferred till after March 4 when the counting of votes in the elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa will be completed.

When asked about the possibility of Budget being postponed, Quairashi said the Commission has to take into account many factors when fixing dates for the polls. "But there is a precedent, I think, in 1976-77 Budget was delayed. It [elections] came in the middle of March," he said.

Former Election Commissioner GVG Krishnamurthy, however, is of the view that there is no need for the government to defer Budget presentation in view of the announcement of the election schedule for the five states.

He said the Model Code of Conduct applied to the states that go to polls and not for the Centre.

"Every normal national activity must go on. The Union Budget is a national activity and elections cannot hinder it [its presentation]. Presentation of Budget is a national function not a function of political parties," Krishnamurthy said.

More From This Section

"This is stretching the code too much," he said when asked if the model code would come in the way of presentation of General Budgets and the Railway Budgets in the Parliament.

Observers recall an instance of the Central Budget presentation being slightly delayed when the government accepted the advise of the Election Commission then headed by TN Seshan in the mid-1990s to defer the presentation.

But since then there has been no postponement of the Budget presentation because state elections were being held.

Also Read

First Published: Dec 25 2011 | 3:55 PM IST

Next Story