Key Points
So, the Finance Minister fixed the fiscal, said no to freebies & told voters, have faith. interim budget. a few months before general elections tells us a great deal about the political instincts of a. finance minister..
. Convention has it that FM does not introduce any substantial measures in an interim budget, and if she were to do so a new government could easily change course..
A conventional FM would be expected to treat it as no more than a vote-on-account, though Budget, interim or otherwise, remains a politically potent weapon..
By promising to take up two crore more houses under PM Grameen Awas Yojana over the next five years, she not only pointed to a general direction but gave the impression that return of NDA to power was a done deal..
