Arun Jailtely the Finance Minister who is supposed to present the interim and crucial budget for 2019, on February one has undergone surgery in the USA and is recovering well. There are doubts if he would be able to present the budget as scheduled.
Now Piyush Goel the Union Minister is looking after the preparation of Budget and other things in place of Arun Jaitley. BJP sources said that Arun would be coming back to present the Budget.
There is a chance that if Arun cannot make it then Piyush might take up the budget assignment for this year.
The budget is crucial because it would be the last one for this term of BJP Government and just before the parliamentary elections when the BJP has lost 3 states in recent times. The graph of Narendra Modi is going down, while the Opposition is ganging up to trounce him. The Budget is supposed to announce several things which would benefit the common man and farmer in particular.
The budget will address the rural distress. Like the Telangana Government, the centre would also step in to give financial assistance to the farmers across the country. The Income Tax limit will also be raised from 2.5 lakhs to 5 lakhs.
This is after the centre stated that people getting Rs 8 lakh per annum come under the EBC quota. The Budget is supposed to give a good number of benefits to the common man and poor people so that the BJP can win again in 2019.
