Monday, 21 August, 2017
Update
   Some police personnel to be transferred: Palyekar   Russian national arrested for overstaying by Calangute Police.   Calangute police seizes 39 grams Marijuana, Haryana native arrested   Parrikar will win with a majority: Mauvin   Akbar Mulla joins Goa Forward   TCP notice to stop Raheja's project   Boost for Parrikar; MGP, 3 Ind MLAs pledge support   Security lapses at every step at Vasco rail stn   Uproar in Margao market as woman complains of assault by vendor

Defer Budget

06th January 2017, 05:09 Hrs
Opposition parties have demanded that the Central government shift the date of the Budget from February 1 to after polling is completed in all states on March 8. And it makes sense. Elections in the five states will start on February 4 and the Budget speech, which is a combination of tax proposals and policy, will give the BJP a huge advantage in all five states, assuming that the Centre uses it to further its cause in the elections. There is no compelling reason to announce the Budget on February 1 and the Centre can easily wait till after the polls as it will have till the end of March to get it passed. In 2012 a similar situation had arisen. Five states went to the polls and the last date for polling was March 3, in Goa. The Budget is usually presented in the last week of February, but then finance minister Pranab Mukherjee, after consultation with stakeholders, deferred the Budget and announced it after the polls. If the present finance minister Arun Jaitley is looking for a precedent, Mukherjee provided it in 2012. Postponing the Budget is the honourable thing to do unless the Modi government wants to deliberately use it to give itself undue advantage in the elections to five states. If the government fails to see the sense in postponing the Budget the Election Commission must step in.

Related news

Grow tax revenue

It's time for the State to improve its tax administration Read more

Panjim weeps as residents sleep

During election time, we regularly & religiously hear of ‘clean and green' Panjim, but only get a decaying city and dwindling mangroves & biodiversity Read more

Top News

Akbar Mulla joins Goa Forward

Quits Goa Pradesh Congress after 40 years, promises support to BJP in the by-election Read more

GREENS FUME AS BATTLEGROUND SHIFTS TO DELHI

Activists lambast ministry for bringing Goa under Delhi bench of Tribunal; why not move Goa Assembly, they question Read more

I am not into 'setting' with Babush: Parrikar

Chief Minister Manohar Parrikar, who has been elected by the people of Panaji five times, is confident he will win the Panaji constituency by-poll with a huge margin. What's the reason for his confidence? Pramod Acharya spoke to him to know Read more