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India Budget 2025: Budget and Model Code of Conduct: Everything You Should Know - Pre Budget

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The Election Commission of India (ECI) has directed the centre to refrain from announcing any scheme for the national capital in the union budget 2025 citing the model code of conduct (MCC) enforced i
The article discusses the upcoming Union Budget for 2025 in India, which is expected to be presented in July, following the general elections. It highlights the significance of the Budget in outlining the government's economic strategy, fiscal policies, and development plans. Key points include the potential impact of the Model Code of Conduct (MCC) enforced by the Election Commission of India during elections, which restricts the announcement of new schemes or projects to maintain a level playing field. The article also mentions that the interim budget presented in February 2024 was a vote-on-account, providing funds for government operations until a new government is formed. It emphasizes the importance of the full Budget in setting the economic direction, addressing fiscal deficits, and possibly introducing reforms or new initiatives. Additionally, it notes the expectations from various sectors like agriculture, infrastructure, and social welfare, and how the Budget could influence economic growth, inflation, and public spending.

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[ https://www.msn.com/en-in/politics/government/india-budget-2025-budget-and-model-code-of-conduct-everything-you-should-know-pre-budget/ar-AA1yaOU8 ]