Active Stocks
Thu Apr 18 2024 10:45:15
  1. Tata Steel share price
  2. 162.65 1.62%
  1. Power Grid Corporation Of India share price
  2. 284.15 3.57%
  1. Wipro share price
  2. 449.65 0.23%
  1. Infosys share price
  2. 1,416.25 0.11%
  1. NTPC share price
  2. 359.50 0.07%
Business News/ Politics / Policy/  EC clears 1 Feb budget date, bars state-specific announcements
BackBack

EC clears 1 Feb budget date, bars state-specific announcements

EC says no schemes related to poll-bound states can be announced, and that the budget speech should not refer to govt's achievements in these states

The govt had pitched for an earlier budget date, to complete the legislative part of financial business before 1 April, the start of a financial year. Photo: ReutersPremium
The govt had pitched for an earlier budget date, to complete the legislative part of financial business before 1 April, the start of a financial year. Photo: Reuters

New Delhi: The Election Commission on Monday gave its nod to the centre to present the Union Budget 2017 on 1 February ahead of the assembly elections, but said no schemes related to these poll-bound states can be announced.

Also, finance minister Arun Jaitley’s budget speech should not refer to the government’s achievements in these states.

The government had pitched for an earlier budget date, instead of the traditional 28 February, to complete the legislative part of financial business before 1 April, the start of a financial year.

It also reminded the government of a 2009 advisory which said vote-on-account instead of a full-fledged budget is presented ahead of elections as per convention.

“The Commission hereby directs that in the interest of free and fair elections and in order to maintain level playing field...no state-specific schemes shall be announced which may have the effect of influencing the electors of the five poll going states in favour of the ruling parties," the election commission told cabinet secretary P.K.Sinha.

It also said in the finance minister’s speech, the government’s achievements in respect of the five states “will not be highlighted in any manner"

Elections in Uttar Pradesh, Uttarakhand, Manipur, Punjab and Goa will be held between 4 February and 8 March. The results will be announced on 11 March.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 24 Jan 2017, 12:20 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App