The Budget Session of Parliament starts on Friday, January 31, with the government releasing the Economic Survey for 2019-20, a day before Finance Minister Nirmala Sitharaman presents the Union Budget. The Economic Survey is a detailed report card on the economic performance in the year.
The House will meet in two phases — from January 31 to February 11, and from March 2 to April 3. Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1 and may attempt to reverse the economic slowdown that has gripped India, Asia’s third-largest economy.
LIVE UPDATES
01:30 PM | Economic Survey cuts GDP growth for Current Financial Year to 5% from 7%
The Economic Survey has cut India’s growth outlook to 5 per cent from 7 per cent projected in the Economic Survey presented by the Chief Economic Advisor KV Subramanian in July last year.
01:10 PM | India Economic Survey 2020 tabled in Parliament
Finance Minister Nirmala Sitharaman tabled the Economic Survey for financial year 2019-20 in Parliament.
12:10 PM | Venkaiah Naidu addresses joint session
Vice President M Venkaiah Naidu addresses joint session of Parliament ahead of Budget Session
12:00 PM | CAA historic law: President Kovind
President Ram Nath Kovind on Friday hailed the contentious Citizenship Amendment Act as “historic” in his address to joint sitting of both houses of Parliament, prompting protests by some opposition members. He also said that debate and discussion on any issue strengthens democracy while violence during protests weaken it. “The Citizenship Amendment Act is a historic law. It has fulfilled wishes of our founding fathers including Mahatma Gandhi,” he said.
11:45 AM | President Kovind: Abrogation of Article 370, Article 35A of Constitution paved way for equal development of J&K, Ladakh
President Kovind also says, “The abrogation of Article 370 and Article 35A of the Constitution through two-thirds majority by both the Houses of Parliament is not only historic but it has also paved the way for equal development of Jammu and Kashmir and Ladakh.”
11:30 AM | President Kovind: Violence and other such acts in the name of protests weaken the country
President Kovind says, “My Govt believes that transparent debate and exchange of views strengthen democracy further. Violence and other such acts in the name of protests weaken the country. The people of India have given my Govt this mandate for the formation of New India.”
11:10 AM | President Kovind begins address to joint sitting of the Parliament
“My government is clearly of the view that mutual discussions and debates further strengthen democracy. At the same time, any kind of violence in the name of protest weakens the society and the country,” President Kovind said in the Parliament.
10:45 AM | President Ramnath Kovind has left for the joint address ahead of Budget session in the Parliament.
