Election effect: Budget may be postponed to March

 Government may postpone the 2012-13 budget to March to ensure that it does not clash with the Model Code of Conduct during upcoming assembly elections. Sources in the government said the issue of postponing the Union Budget, which is preceded by Railway Budget and the presentation of the Economic Survey, has been discussed informally. "We are keeping the option of postponing the budget by four-five days open," said a senior government functionary.

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