oppn parties Whose Fault if the Elections and the Budget Clash?

News Snippets

  • The Indian envoy in Bangladesh was summoned by the country's government over the breach in the Bangladesh mission in Agartala
  • Bank account to soon have 4 nominees each
  • TMC and SP stayed away from the INDIA bloc protest over the Adani issue in the Lok Sabha
  • Delhi HC stops the police from arresting Nadeem Khan over a viral video which the police claimed promoted 'enmity'. Court says 'India's harmony not so fragile'
  • Trafiksol asked to refund IPO money by Sebi on account of alleged fraud
  • Re goes down to 84.76 against the USD but ends flat after RBI intervenes
  • Sin goods like tobacco, cigarettes and soft drinks likely to face 35% GST in the post-compensation cess era
  • Bank credit growth slows to 11% (20.6% last year) with retail oans also showing a slowdown
  • Stock markets continue their winning streak on Tuesday: Sensex jumps 597 points to 80845 and Nifty gains 181 points to 24457
  • Asian junior hockey: Defending champions India enter the finals by beating Malaysia 3-1, to play Pakistan for the title
  • Chess World title match: Ding Liren salvages a sraw in the 7th game which he almost lost
  • Experts speculate whether Ding Liren wants the world title match against D Gukesh to go into tie-break after he let off Gukesh easily in the 5th game
  • Tata Memorial Hospital and AIIMS have severely criticized former cricketer and Congress leader Navjot Singh Sidhu for claiming that his wife fought back cancer with home remedies like haldi, garlic and neem. The hospitals warned the public for not going for such unproven remedies and not delaying treatment as it could prove fatal
  • 3 persons died and scores of policemen wer injured when a survey of a mosque in Sambhal near Bareilly in UP turned violent
  • Bangladesh to review power pacts with Indian companies, including those of the Adani group
D Gukesh is the new chess world champion at 18, the first teen to wear the crown. Capitalizes on an error by Ding Liren to snatch the crown by winning the final game g
oppn parties
Whose Fault if the Elections and the Budget Clash?

By Sunil Garodia
First publised on 2017-01-05 20:21:31

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator.
As early as 26th October, 2016, Prime Minister Modi had indicated that the government would advance the date of presentation of the Union budget from February 28 to February 1 from 2017. This, the government said, was being done so that there would be clear two months to get legislative approvals for annual spending plans and tax proposals and the same could be completed before the new financial year from April 1. That, in turn, would allow for speedier implementation of schemes. The decision was formally communicated to all on November 15, 2016. Finally, on January 3, the Cabinet Committee on Parliamentary Affairs (CCPA) recommended the same to the President, sealing the matter.

Just a day after that, on January 4, the Election Commission announced for elections to be held in five states including Goa, Punjab and UP in a phased manner from February 4 to March 3, 2017. The EC was well aware that the budget would be presented on February 1, just three days before the first day on which voting was to take place. It was also aware that the government could present a populist budget with an aim to sway voters. Then why did it announce the dates so close to the budget? The opposition parties have cried foul and have approached both the EC and the President to prevent what they call an unfair advantage the BJP might gain by presenting a populist budget. But is the government or the BJP really at fault, since the elections were scheduled after it was well known that the budget was to be presented on February 1?

The opposition’s concern is understandable. No amount of goodies they promise in their manifestos can compete with the immediate tangible benefits the government can transfer through the budget. But it is also true elections keep happening as per schedule, the budget is a constitutional necessity that also needs to be presented as per schedule. If the budget is pushed back to March 4, the very purpose for which it was advanced will get negated, throwing planning of approvals and implementation of schemes out of gear. This is not advisable at a time when many sectors of the economy are already suffering from post demonetization pangs. Alternatively, the EC can reschedule elections to a date in May or June. But can the opposition be sure that if the government presents a populist budget, the people will not be swayed then? Hence, the opposition should accept that it is not the government’s fault that elections were announced after it decided to present the budget on February 1 and let things stand as they are.