Interim Vs Full Budget: Key Differences

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Finance Minister Nirmala Sitharaman presented the interim Budget today

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It focused on improving the conditions of the poor, women, youth and farmers

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Here are some key differences between the interim budget and the regular budget

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The interim budget is a temporary financial plan

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It covers government expenditures for the period until a new government takes over after elections

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A full-fledged budget is a comprehensive financial plan

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It contains all aspects of government earnings, expenditures, allocations and policy announcements

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A full-year budget directs the nation's economic course for a complete fiscal year and serves as a roadmap

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The interim budget presents the financial details for the transitional period

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Government issues guidelines to regulate coaching centres

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