The National Democratic Alliance (NDA) is likely to continue with the decade-old practice of presenting an interim budget to meet the expenditure requirements for the first few months of a new financial year.
According to a source, like in the past, the government will seek approval of the Legislative Assembly for a vote on account during this month to meet its day-to-day financial commitments for the first few months of the next financial year. With the current financial year coming to an end this month, the government has to plan the expenditure requirement for the next financial year and get the approval of the House.
“We are likely to present a vote on account in the coming days and present a full budget in the course of next fiscal,” a government source told The Hindu.
