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Does The Indian Government Struggle For Survival?

January 05, 2012  by: Paulose  Points: 20   Category: Political    Views: 511

The political and economical situation is India is at crossroads. This may be the reason for postponing the announcement of Federal Budget for the fiscal year 2012-2013.

         

It has been a conventional tradition to present the federal budget on the last day of February for the following fiscal year. But this year the Indian government has announced postponing the submission, saying that in the second week of March it would present the federal budget for the year starting from April 1. The reason stated for the delay is that if the budget was announced in February, it may affect the results of polls in five states in the country. The polls are due to take place from January 28 and March 3. But there are rumors that the government is scared of the results that may affect it if it is presented earlier.

Tradition of submitting Federal Budget

It had been a conventional tradition in India to announce the Federal Budget for the following fiscal year starting from April 1 during the last days of February. Usually this is on February 28 and this year it should have been on 29. But according to the Indian Finance Minister Pranab Mukherjee, it would be submitted only after the elections in five states are completed. He told that the date is not yet decided. In a separate statement, a senior finance ministry official said that the budget may be presented between March 9 and 15.

Polls and the federal budget

1) Polls are scheduled to be held in the five states of Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa between January 28 and March 3 and counting of votes and other election processes will take place from March 4 to March 9. Hence the federal budget can be presented only after that.

2) Another reason for the delay in budget presentation is that the MPs of these states have to go for election campaign and may not be able to be present in the Parliament during the submission and it may affect the procedures of the Parliament and welfare of those states.

Is the government scared about the poll results?

Although the Election Commission's Model Code of Conduct prohibits the government from making announcements which can influence voters in any way or accord any undue benefit to the ruling party, it is said that the fear of its impact on the government and the parties that support is the main reason for delay in its presentation.

The Indian political scenario

1) The present Indian political scene portrays the dilemma between the ruling party and the opposite parties who are waiting for a sudden topple. The LOKPAL issue has already placed the government on a furnace.

2) Corruption issue is storming the nation initiated by Anna Hazare and his supporters. This has given the ruling party a tough time with managing it.

3) Uttar Pradesh, one of the five states where poll is to take place, is considered as the stepping stone to its way for occupying the center. Hence the ruling party is watching it closely and is afraid of its poll results. At present the scenario is more confused with the CM's "statue issue" and the "gutter language issue".

4) It has been the trend in election results that the ruling government will get poor vote in the states going in for election and so they will have to prepare a weak and flawed budget. This will further worsen the situation and will affect the ruling party greatly.

Fears of adverse results in the imminent polls and the unhealthy situation of present political condition all over the country are the main reasons for the delay in presenting the federal budget in February. Let us wait and see.
http://www.expertswrap.com/Articles/230-does-indian-government-struggle-for-survival.aspx




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