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Interim budget to be presented by interim FM Goel; Jaitley in for two weeks rest after surgery

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With Arun Jaitley advised at least two weeks’ rest after a surgery at a New York hospital on Tuesday, the interim budget ahead of the 2019 Lok Sabha polls would be presented next week by Piyush Goyal, currently minister of Railways and Coal, who has been given the finance portfolio for the time being.

President Ram Nath Kovind on Wednesday, Jan 23, allocated the finance ministry portfolio to Piyush Goyal and designated Jaitley as a minister without portfolio.

A communiqué from Rashtrapati Bhavan issued late last evening said: “The President of India, as advised by the Prime Minister hereby directed that during the period of indisposition of Shri Arun Jaitley, Minister the portfolios of Minister of Finance and Minister of Corporate Affairs held by him, be temporarily assigned to Shri Piyush Goyal, in addition to his existing portfolios.”

Goyal was in charge of finance ministry between mid-May and August when Jaitley underwent a kidney transplant at the All India Institute of Medical Sciences in the national capital. He returned to the ministry on August 23.

Jaitley had also undergone a bariatric surgery soon after the BJP government came to power at the Centre in 2014. The surgery, to treat weight gain that he suffered because of a long-standing diabetic condition, was first performed at Max Hospital, but he then had to be shifted to AIIMS because of complications.

Jaitley left for the US for medical treatment after the conclusion of the winter session. He was earlier expected to be back by later this week, so that he could present the vote on account, scheduled on February 1.

He was also assigned a key role in the build up to the Lok Sabha election and the BJP recently appointed Jaitley as in charge of publicity for the upcoming polls.

Jaitley has undergone surgery at a hospital in New York on Tuesday and has been advised at least two weeks rest by the doctors, said media reports citing sources. Jaitley, who had travelled to the US on January 13, has undergone tests for soft tissue cancer this week.

Now Piyush Goyal is likely to present the interim Budget. The budget comes ahead of the general election and the government is expected to make some key announcements, including relief package for farmers, poor and sops for middle-class.

This year, the Modi government, as is its wont, is likely to break the norm usually followed for proprietary reasons and go ahead to use it for announcing some pre-poll sops in the interim budget.

Speculation started after Jaitley, in an interview last week, said the economy was facing challenges that “really can’t afford to wait and therefore obviously there will be a necessity to address them”.

“Ordinarily there’s no reason why we should move away from that convention,” Jaitley said. He however added that “the larger interest of the economy always dictates what goes into an interim budget.”

There are expectations that a possible departure will include key announcements for the farm sector. For the middle class, the government is reportedly planning to increase the income tax exemption limit.

Traditionally, an interim budget gets parliament’s approval for expenses for the financial year starting in April till a new government is in place. The incoming government presents a fresh budget for the rest of the financial year.

The parliament will meet from January 31 to February 13 for the budget session.

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Vijay meets Tamil Nadu Governor again as TVK pushes to prove majority

TVK chief Vijay held another meeting with Tamil Nadu Governor Rajendra Vishwanath Arlekar as the party intensified efforts to secure majority support after emerging as the single-largest party in the Assembly elections.

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Actor vijay

Actor-turned-politician Vijay met Tamil Nadu Governor Rajendra Vishwanath Arlekar again on Thursday as his party, Tamilaga Vettri Kazhagam (TVK), continued efforts to prove it has enough support to form the next government in the state.

TVK emerged as the single-largest party in the 234-member Tamil Nadu Assembly after winning 108 seats, but it remains short of the majority mark of 118.

The Congress has extended support to TVK, adding five MLAs to Vijay’s side. However, the alliance still needs additional backing from other parties or independents to comfortably cross the halfway mark.

According to reports, the Governor has not yet been fully convinced that TVK currently has the required numbers to form a stable government. This has delayed clarity over the swearing-in ceremony and the formal invitation to form the government.

Political activity intensified after reports emerged that some AIADMK legislators were moved to a resort in Puducherry amid speculation over possible support to TVK. AIADMK leaders, however, publicly denied any internal crisis.

TVK sources have expressed confidence that the party will be able to demonstrate majority support during discussions with the Governor.

The Tamil Nadu election results marked a major political shift in the state, with TVK breaking the long-standing dominance of the DMK and AIADMK in its first Assembly election contest.

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Congress, BJP attack Bhagwant Mann over remarks on Punjab blasts

Congress and BJP have jointly criticised Punjab CM Bhagwant Mann after he linked recent blasts near defence sites to political motives, triggering a controversy.

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Bhagwant Mann

A political row has erupted in Punjab after Chief Minister Bhagwant Mann linked recent blast incidents to political motives, drawing sharp criticism from both the Congress and the Bharatiya Janata Party (BJP).

The controversy follows two low-intensity explosions reported within a short span of time — one near the Border Security Force (BSF) headquarters in Jalandhar and another close to an army cantonment area in Amritsar. The incidents raised concerns over security, particularly given the sensitive nature of the locations.

In response, Mann suggested that the blasts could be part of a larger political strategy. His remarks triggered a strong backlash, with opposition parties accusing him of politicising a serious security issue.

Leaders from the Congress criticised the Chief Minister’s statement, calling it inappropriate and alleging that such comments undermine the gravity of the situation. They stressed that matters related to national security should be handled with caution and responsibility.

The BJP also joined the criticism, questioning the basis of Mann’s claims and urging the state government to focus on investigation and law enforcement instead of making political allegations.

The developments have led to an unusual moment where both Congress and BJP appear aligned in their criticism of the Aam Aadmi Party-led government in the state.

Meanwhile, the blasts themselves have intensified concerns over safety in border regions, with authorities continuing their investigation into the incidents. No casualties were reported, but the proximity to defence establishments has made the issue particularly sensitive.

The episode has further escalated political tensions in the state, with security and accountability emerging as key points of debate.

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Himanta Biswa Sarma resigns as Assam chief minister, oath ceremony likely after May 11

Himanta Biswa Sarma resigns as Assam Chief Minister after BJP-led NDA’s victory. He will continue as caretaker CM until the new government is sworn in after May 11.

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Himanta sharma

Assam Chief Minister Himanta Biswa Sarma resigned from his post on Wednesday, paving the way for the formation of a new government after the BJP-led NDA secured a decisive victory in the 2026 Assembly elections.

Sarma submitted his resignation to Governor Lakshman Prasad Acharya at Lok Bhawan in Guwahati. The Governor accepted the resignation and asked him to continue as the caretaker Chief Minister until the new government takes charge.

The resignation comes after the NDA’s strong electoral performance, where the alliance won a clear majority in the 126-member Assembly, ensuring its return to power for another term.

Oath ceremony expected after May 11

Speaking to reporters after submitting his resignation, Sarma said the swearing-in ceremony for the new government is likely to be held after May 11.

He indicated that Prime Minister Narendra Modi has been invited to attend the ceremony but is unavailable until May 11, which has influenced the tentative schedule.

Decision on next chief minister soon

Sources suggest that central observers, including senior BJP leaders, are expected to arrive shortly to oversee the selection of the legislature party leader. The newly elected MLAs will then decide on the next Chief Minister.

Despite the formal resignation, party sources indicate that Sarma is likely to continue in the role for another term, given the BJP’s strong mandate in the state.

The move marks the beginning of the government formation process in Assam following the election results declared earlier this week.

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