Budget 2021 Date: Budget Session of the Parliament is all set to begin from Friday, January 29. The budget 2021, however, will be presented by Finance Minister Nirmala Sitharaman on February 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 President’s address followed by the presentation of the Economic Survey.
Sitharaman will present the Economic Survey 2020-21 today. The Economic Survey, presented a couple of days 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.
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07: 32 AM: The Budget Session will be held as per COVID-19 protocols, with Rajya Sabha and Lok Sabha meeting in shifts of five hours each — with the upper house meeting from 9 AM to 2 PM and the lower house in the evening from 3 PM to 8 PM.
07:31 AM: With a view to having a paperless Budget, all the documents and the Economic Survey would be made available online soon after the authenticated copies are laid on the Table of the House.
07:30 AM: With the session starting barely days after the national capital witnessed unprecedented violence on Republic Day during the farmers’ tractor parade, the issue is expected to echo in Parliament.
07:23 AM: Last year in December, the Narendra Modi-led Centre had cancelled the Winter session of Parliament in view of COVID-19. Besides, the Monsoon session of the Parliament was also curtailed in September after several Lok Sabha and Rajya Sabha members tested positive for the coronavirus.
07:09 AM: The Budget session of Parliament is set for a stormy start as 18 opposition parties have announced that they will boycott the President’s address, in solidarity with the farmers agitating against the three contentious farm laws.