HomeNewsIndiaFinMin says no plans of full Budget instead of Interim Budget

FinMin says no plans of full Budget instead of Interim Budget

Terming the event a 'General Budget' would have meant the government is planning out to announce major policy initiatives.

January 30, 2019 / 19:03 IST
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Moneycontrol News

The Finance Ministry has denied it has instructed its staff to refer to the upcoming Budget on February 1 as a 'General Budget', after media reports said such a communication has been issued.

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"There is no such communication," a FinMin official told Moneycontrol. "It can be called interim Budget."

Terming the event a 'General Budget' would have meant the government is planning out to announce major policy initiatives -- something that is against convention for a government whose term is to end -- as opposed to the usual practice of presenting an Interim Budget or a "vote-on-account".