Analysis of Interim Budget 2019-20 – An Economic Perspective

This year, the budget generated lots of interest on whether it would be full budget or interim one. Interim means the government is not seeking funds from the parliament to its full year’s expenditure but only for four months. The full budget would be presented after the new government is formed at the Centre.Finally the interim budget was presented on February 1, 2019 by Union ministry of Finance, Government of India. Only couples of months were left with the BJP-led NDA government ends before which the next for the general election will be held. Since election may be held in the year 2019, the budget is to be interim one in which it leaves to the next government to present the full budget. The main three proposals of this year’s budget are introduction of minimum income support to the small and marginal farmers, introducing the pension scheme for unorganized sector employees and introducing the concept of rural industrialization. The study also focus on new schemes which were introduced in the budget 2019 such as setting up the RashtriyaKamdhenuAayog, PradhanMantriSharm-yogi Mandhanyojana, PradhanMantriKisanSammanNiddhi Scheme etc. The main objective of writing this paper is to analysis the impact of interim budget 2019-20 on Indian Stock market and to analysis the interim budget 2019-20 with an economic perspective. This paper offers analytical and descriptive aspects regarding the Interim Budget 2019-20.