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Behind the speech

Budget speeches conceal more than they reveal

budget 2019
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President Ram Nath Kovind with Union Finance Minister Piyush Goyal, the Ministers of State for Finance P Radhakrishnan and Shiv Pratap Shukla with senior officials in a group photo after presenting the interim Budget 2019-20 to the President | PTI

Business Standard Editorial Comment
There is one thing that all Budget  speeches have in common. The finance minister delivering the speech may be interim or permanent; the poet quoted may be Tamil, Bengali, or North Indian; the emphasis may be on farmers, or on the middle class, or on government employees — but all Budget speeches conceal more than they reveal. It is not the purpose of a Budget speech to reveal and explain the details of the Union Budget, but in fact to conceal them. This is not because of a search for cheap applause lines — multiple such applause lines might exist