New Delhi: In preparation for the upcoming Budget Session of Parliament, the Central Government has called an all-party meeting on Thursday, January 30.
The meeting aims to ensure smooth parliamentary proceedings and constructive discussions among lawmakers as the nation gears up for one of the most crucial economic events of the year.
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The Budget Session will officially commence on January 31, with President Droupadi Murmu addressing both Houses of Parliament.
This session will set the stage for key economic policies and government initiatives for the upcoming fiscal year.
Key Highlights of the Budget Session 2025
The Budget Session will unfold in two phases, as per the Parliamentary Bulletin:
- Phase 1: Begins on January 31 and will continue until February 13.
- Phase 2: Starts on March 10 and concludes on April 4.
Timeline of Major Events:
- January 31: President Droupadi Murmu’s Address to both Houses of Parliament, marking the beginning of the session.
- February 1: Union Finance Minister Nirmala Sitharaman will present the Union Budget 2025-26.
- February 3: The Lok Sabha and Rajya Sabha will begin discussions on the Motion of Thanks for the President’s Address.
- February 4 & 6: Scheduled discussions on the Motion of Thanks, with the reply provisionally set for February 6.
- February 13: Conclusion of the first phase of the Budget Session.
- March 10 – April 4: The second phase of the session will focus on the passage of key bills and budget allocations.
Government’s Appeal for Constructive Discussions
Union Minister of Parliamentary Affairs Kiren Rijiju emphasized the importance of smooth parliamentary proceedings. He reiterated the government’s commitment to fostering meaningful discussions and urged opposition parties to participate constructively.
“In the last two sessions, there was some ‘hungama’ in Parliament, which created a poor image of our democracy. I appeal to all opposition leaders and MPs to take part in meaningful debates, ensuring that the session is productive,” Rijiju stated.
The Minister also highlighted that the government is prepared to address key concerns raised by the opposition, provided discussions remain focused on policy matters rather than disruptions.
Economic Survey and Budget Presentation
On February 1, Finance Minister Nirmala Sitharaman will present the Union Budget for the fiscal year 2025-26. A day before that, on January 31, the Economic Survey will be tabled in Parliament, providing an in-depth analysis of the country’s economic performance over the past year.
The budget is expected to outline crucial financial policies, taxation reforms, infrastructure development, and welfare programs aimed at boosting economic growth and employment.
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Analysts and industry leaders anticipate a balanced approach focusing on fiscal consolidation and developmental expenditures.
Political Significance of the Budget Session
The Budget Session is a crucial legislative event, especially ahead of the upcoming general elections. The government is likely to introduce various policy measures to address key economic concerns and cater to voter expectations.
The session will also be a platform for opposition parties to voice their views on governance and economic policies.
Given the political landscape, discussions around taxation, subsidies, employment generation, and social welfare schemes are expected to take center stage.