New Delhi [India], Feb 1 (ANI): Finance Minister Piyush Goyal left his residence for the Ministry of Finance in the North Block on Friday morning, ahead of the presentation of the Interim Budget for 2019-20 in the Lok Sabha.As per the standard practice, a vote-on-account or approval for essential government spending for a limited period is taken in an election year and a full-fledged budget is presented in the Lok Sabha by the new government. If the budget date falls a few months ahead of General Elections, then an interim budget is presented.Finance Minister Goyal, also the Railway Minister, who examined the final copy of the document on Thursday evening here, will proceed towards the Rashtrapati Bhavan from the North Block.Finance Minister Goyal will present the Interim Budget in the Lok Sabha at 11 am. He is also expected to address the media around 3.30 pm.The interim budget will seek Parliament’s nod for spending till a new Central government is not sworn-in.The new government, elected after the General Elections due by May, is expected to present the full-fledged budget in July to be preceded by the tabling of Economic Survey. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)













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