Interim Budget to be presented on Feb. 1

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Finance Minister Arun Jaitley will present the interim Budget for the financial year 2019-20 on February 1, 2019.

The Finance Ministry on Wednesday said “the work for preparation of the interim Budget has already commenced and is now gaining momentum”.

The Ministry has already sought inputs from Union Ministries. It would be the last budget of the NDA government before the Lok Sabha election.

The Ministry began the budgetary exercise last month. During the process, meetings were held with the Ministries of Steel, Power, Housing and Urban Development and others to finalise revised expenditure for the current fiscal and projections for the next financial year.

The Ministry will impose quarantine to bar the entry of mediapersons into North Block, the seat of the country’s Finance Ministry, from December 3.

This will be the sixth consecutive Budget to be presented by Mr. Jaitley.

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