A few weeks from now, Finance Minister Arun Jaitley will present the interim budget for 2019-20 in Parliament. Unlike regular budgets, interim budgets, by their very nature, are not meant to be used by the ruling dispensation to announce a slew of schemes/proposals in order to sway the electorate.
The purpose of these budgets, instead, is to ensure that the government of the day has the necessary funds in order to carry out its day to day functioning beyond March 31, till such a time the regular budget is presented by a new government. Past experience But ...
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