Unveiling the Future: Powerful Presidential Address Kicks Off Transformative Budget Session
The Budget session of Parliament is set to commence today, marked by President Droupadi Murmu’s address to a joint sitting of both the Lok Sabha and Rajya Sabha. This traditional opening is followed by Union Finance Minister Nirmala Sitharaman presenting the Economic Survey, a detailed evaluation of the country’s current economic condition and future trajectory. Compiled by the Economic Division of the Department of Economic Affairs under the guidance of the Chief Economic Advisor, the survey serves as an essential precursor to the forthcoming Union Budget, which Minister Sitharaman will unveil tomorrow.
The Budget session is divided into two parts; the first segment runs from today until 13th February, followed by a recess before resuming on 10th March and concluding on 4th April. During this critical legislative period, both Houses will delve into the Motion of Thanks in response to the President’s Address starting Monday. Additionally, Parliament is set to discuss and potentially pass 16 key Bills, which include the Finance Bill 2025, the Waqf (Amendment) Bill, 2024, the Immigration and Foreigners Bill, 2025, the Banking Laws (Amendment) Bill, 2024, and the Railways (Amendment) Bill, 2024.
The Economic Survey, a cornerstone of this session, provides legislators and citizens alike with vital insights into the nation’s fiscal health and lays the groundwork for subsequent budgetary discussions and decisions. As the Budget session unfolds, it promises to be a pivotal time for legislative activity, debate, and policy formation, as representatives engage with the various economic challenges and opportunities facing the country. With significant legislation scheduled for consideration, this session is crucial for shaping the nation’s economic and strategic future.
Original Source: https://www.newsonair.gov.in/budget-session-of-parliament-to-begin-with-presidents-address/
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Publish Date: 2025-01-31 07:39:00
