India’s Budget session of Parliament to begin from January 31

India’s Budget session of Parliament to begin from January 31

NEW DELHI (INDIA): The Budget session of Parliament was on Saturday convened to start from January 31, a day before the Union Budget is likely to be presented.nnPresident Pranab Mukherjee has summoned the Rajya Sabha to meet on January 31, an official notification said.nnA similar notification is also expected from the Lok Sabha secretariat.nnWhile the session will begin with the President’s address to the joint sitting of the two Houses, the same day the pre- budget economic survey will be tabled.nnThe practice of separate railway budget presentation is being scrapped from this year. The railway estimates will be part of the Union budget.nnThe announcement comes even as opposition parties have raised objections to the presentation of the budget on February 1 before Assembly polls in five states on the ground that it will tilt the balance in government’s favour because it can woo voters with sops.nnThey have petitioned the Election Commission, which has asked the Cabinet Secretary P K Sinha to give the government’s response.nnThe Cabinet Committee on Parliamentary Affairs had recently recommended that the Budget session will commence on January 31 and the Union Budget will be presented the next day so that the new financial provisions come into force from April 1, the beginning of the new fiscal.nnSource: Press Trust of India

Leave a Reply

Your email address will not be published.