Budget session of Parliament will be held twice, session will start before January 31 | Budget session of Parliament will be held twice, session will start before January 31
By Amit - January 14, 2022
8 minutes ago
The government has projected a fiscal deficit of 6.8% of the gross domestic product (GDP).
The budget session of Parliament will run twice. Its first session will start from January 31 and will run till February 11. For the second time it will be run from March 14 to April 8.
General budget on February 1
According to the program released by the government, the general budget will be presented on February 1. The session will begin with the speech of President Ram Nath Kovind. The President will address the joint sitting of both the houses. There will be a lot of challenges in this session amidst the third wave of Corona.
3.73 lakh crore additional expenditure
According to the information, the government will spend an additional Rs 3.73 lakh crore during the current financial year. For this the President has approved under the rule. Lok Sabha Speaker Om Birla has also taken stock of the preparations due to the increasing cases of Kovid-19. About 400 employees of Parliament were infected with Corona till 9 January.
718 employees are victims of corona
In the last three days, there has been a huge increase in it. In the last one month, 718 employees have come under the grip of Corona. Out of this, 200 employees are from Rajya Sabha. The rest are related to Lok Sabha and other departments. Because of this, one-third of the employees have been allowed to work from home.
Parliament House Inspection
The statement was issued by the Lok Sabha Secretariat on Tuesday. The Speaker, after inspecting the Parliament House, said that the situation is under control. He said that it is being decided that everything should be arranged according to the guidelines. The 2022 budget will be the fourth Union Budget of the Modi 2.0 government and Finance Minister Sitharaman.
Growth rate expected to be in double digits
The growth rate is expected to be in double digits this financial year. The government has projected a fiscal deficit of 6.8% of the gross domestic product (GDP). The Finance Minister has already held meetings with stakeholders from industries, people from financial sectors, trade unions, agriculturists and prominent economists during which suggestions regarding income tax slabs, infrastructure status for digital services and incentives for hydrogen storage were given.