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Letter to BS: Budget may stick to fiscal rectitude ahead of Lok Sabha polls

It will be hard for the FM to balance the need to be fiscally conservative and electoral realities

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Budget 2019  |  General Elections 2019  |  Lok Sabha Elections 2019

Business Standard 

Arun Jaitley

This refers to “Budget may stick to fiscal rectitude” by Arup Roychoudhury (December 31). It is going to be a tough challenge for the finance minister (FM) to continue the theme of fiscal consolidation in his February 1 speech. Even if it is an interim budget — the proverbial blind spot in terms of a future fiscal road map — the government will have no idea about the expected fourteenth finance commission recommendations by that time. It will be hard for the FM to balance the need to be fiscally conservative and electoral realities. Having said that, Arun Jaitley — the wizard that he undoubtedly is — may just manage to combine the two.

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First Published: Mon, December 31 2018. 20:52 IST