Can the finance minister make policy statements while presenting the vote-on-account?
Barring any announcement on taxation, the finance minister's speech before seeking Parliament's approval of the vote-on-account can contain his intentions on economic policy. He can give indications of what he would like to do if given an opportunity to return to Parliament as finance minister after the elections.
For example, when former finance minister Yashwant Sinha presented the vote-on account in 1991, he announced the Chandra Shekhar government's plan to divest government equity in public sector undertakings. For how long can a vote-on-account be in force?
Image: Yashwant Sinha presented the vote-on-account in 1991.
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