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Economy

Budget 2019: Government giving final touches to the interim budget

Updated : January 31, 2019 10:01 PM IST

Income tax concessions for individuals, a farm relief package, support for small businesses and possible populist spending measures may be part of the Budget that interim finance minister Piyush Goyal will present on Friday as the government makes a last-ditch attempt to woo voters ahead of the general elections. Prime Minister Narendra Modi-led government's sixth and final budget before the polls due by May is supposed to be an interim budget or a vote-on-account. It is widely expected that Goyal may go beyond seeking Parliament nod for government expenditure for four months of next fiscal and announce sops to woo rural and urban middle-class voters.

Interim finance minister Piyush Goyal, with officials, gestures while giving final touches to the interim Budget, at North Block in New Delhi, Thursday, January 31, 2019.
Interim finance minister Piyush Goyal, with officials, gestures while giving final touches to the interim Budget, at North Block in New Delhi, Thursday, January 31, 2019.
Goyal will on February 1 present Narendra Modi government's sixth and final Budget, which will be an interim one, keeping up with established tradition.
Goyal will on February 1 present Narendra Modi government's sixth and final Budget, which will be an interim one, keeping up with established tradition.
Goyal along with both the MoS(finance), finance secretary and other secretaries of the ministry, CEA and chairman, CBDT and CBIC giving Final touches to Budget 2019 in his office in North Block in New Delhi on Thursday.
Goyal along with both the MoS(finance), finance secretary and other secretaries of the ministry, CEA and chairman, CBDT and CBIC giving Final touches to Budget 2019 in his office in North Block in New Delhi on Thursday.
Goyal is scheduled to present the interim Budget on Friday. The build-up has been all about farmers and ways to rejuvenate the rural economy.
Goyal is scheduled to present the interim Budget on Friday. The build-up has been all about farmers and ways to rejuvenate the rural economy.
Goyal, after giving final touches to the Budget 2019-20, interacting with members of his Budget Team.
Goyal, after giving final touches to the Budget 2019-20, interacting with members of his Budget Team.
Income tax concessions for individuals, a farm relief package, support for small businesses and possible populist spending measures may be part of the Budget that  Goyal will present on Friday.
Income tax concessions for individuals, a farm relief package, support for small businesses and possible populist spending measures may be part of the Budget that  Goyal will present on Friday.
NITI Aayog CEO Amitabh Kant and vice chairman Rajiv Kumar address a press conference, in New Delhi.
NITI Aayog CEO Amitabh Kant and vice chairman Rajiv Kumar address a press conference, in New Delhi.
Prime Minister Narendra Modi with parliamentary affairs minister NS Tomar, home minister Rajnath Singh, Congress leader Ghulam Nabi Azad and others leaders at an all-party meeting for the Budget session, in New Delhi, Thursday, January 31, 2019.
Prime Minister Narendra Modi with parliamentary affairs minister NS Tomar, home minister Rajnath Singh, Congress leader Ghulam Nabi Azad and others leaders at an all-party meeting for the Budget session, in New Delhi, Thursday, January 31, 2019.
Prime Minister Narendra Modi conveyed to the opposition parties during the all-party meeting in Parliament Library building that his government will present an interim budget, much to the relief of many among the opposition who feared that government will present a
Prime Minister Narendra Modi conveyed to the opposition parties during the all-party meeting in Parliament Library building that his government will present an interim budget, much to the relief of many among the opposition who feared that government will present a "full-fledged" budget on Friday.
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