Budget Session of the Parliament is all set to begin from Friday, January 29. The budget 2021, however, will be presented b🅰y Finance Minister Nirmala Sitharaman on ൩February 1.
The session will be held in two parts – January 29 to Feb⛦ruary 15 and March 8 to April 8 and wil🌳l have a total of 33 sittings.
Budget Session of the Parliament is all set to begin from Friday, January 29. The budget 2021, however, will be presented b🅰y Finance Minister Nirmala Sitharaman on ൩February 1.
The session will be held in two parts – January 29♏ to February 15 and March 8 to April 8 and will have a total of 33 sittings. It (Budget Session) will begin with the Presid🃏ent’s address followed by the presentation of the Economic Survey.
The Budget session of Parliament is poised to be 🍷stormy with the Opposition set to attack the government over the three new farm legislation, amid an ongoing agitation by farmers.
What is the Economic Survey?
Sitharaman will present the Economi🙈c Survey 2020-21 today. Theꦯ Economic Survey, presented a day before the Union Budget is a document on the outlook of developments in the economy. It will be prepared by Chief Economic Adviser KV Subramanian. Soon after the presentation of the Economic Survey CEA Subramanian speak to reporters to give further details.
Significance
The Economic Survey 2021 is of particular significance as 🍌it during the Covid pandemic. As per the First Advance estimates of the goverꦡnment, the economy may contract by 7.7 percent. The survey is likely to outline plans to put the economy back on track to achieve the $5 trillion goals that was set in 2019.
Opposition boycott
🌠A total of 16 Opposition parties have announced a boycott of the President's address in solidarity with the farmers protesting the new farm laws, senior Congress leader Ghulam Nabi Azad said on Thursday.
Republic Day farmers’ tractor rally violence
The 16 Opposition parties, including, the Congress, the NCP, Shiv Se𒐪na, DMK, Trinamool Congress, CPI, CPI-M and RJD, ha🐭ve also demanded a probe into the violence on Republic Day in Delhi.
Paperless budget
With a view to having a paperless Budget, all the documents and the Economic Survey would be made avail﷽able online soon after the authenticated copies are laid on the Table of the House, the Lok Sabha Secretariat has said.
Like the last time, in this session, too ♒coronavirus protocols will be in place and Rajya Sabha and Lok Sabha will meet in shifts of five ♎hours each -- with the upper house meeting in the morning and the lower house in the evening.
The Question Hour
Due to the pandemic, the Winter session was not held. The Questi🦩on H🐭our also makes a comeback in this session.
Due to paucity of time, there was no Quesℱtion Hour in the previous session. The Monsoon session also saw the two Houses working on Saturdays and Sund♕ays. But this time, Parliament will not sit on weekends.
Private Members' business which usꦇually takes place on Friday afternoons has also made a comeback in the Budget sess🌠ion, according to Lok Sabha secretariat. In the previous session, the Private Members' business was not taken up.
Members introducℱe their own bills and resolutions during this period which are debated by th🤪e House.
What is going to happen?
During the session, the government will also push to convert ordinances issued recently into laws. An ordinance has toܫ be converted into law within 42 days of the ᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚbeginning of the session, else it lapses.
The ordinances issued recently include The Commission for Air Quality Management in National Capital Region and Adjoining Areas Ordinance 2020, The Arbitration and𒁏 Conciliation (Amendment) Ordinance, 2020 and The Jammu and Kashmir Reorganisation (Amendme🐎nt) Ordinance, 2021.
With PTI inputs