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 INDIA BUDGET 2009-10
WHAT LIES AHEAD?Indicus Analytics12
th
February 2009
 
 
Budget 2009-10 to be announced February 16
th
2009
 With polls scheduled for April, there is confusion over whether this is a vote-on-account/interim budget/budget 
Important:
 All budgets go through a vote on account procedure till finalapproval gets the Budget passed a couple of months fromannouncement. (SeeBudget in India by Deepa Nayak) Since the poll dates have not been announced yet, this is a regular  budget and not an interim budget.
 
 
BUT
 
The current government has a moral responsibility, sincethere is a possibility of not staying in power, it should refrainfrom letting it be ‘ business as usual’.This budget should therefore not put in high spending budgetary provisions,And should leave major changes to the next government.
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