India

Real-Time Updates From 2022 Parliament Budget Session: Center Asks Parliament Nod For Additional Gross Expenditure Of Rs 1.58 Lakh Crore

Indian budget session 2022, real-time updates from Parliament, March 14: Finance Minister Nirmala Sitharaman presented Jammu and Kashmir’s budget on Monday

Real-Time Updates of 2022 Budget Session of Parliament: On Monday, the government sought Parliament’s approval to spend an additional of Rs 1.07 lakh crore in the current budget, the news agency reported. PTI.

According to the third batch of supplementary grant applications submitted to Lok Sabha, approval is sought for additional gross expenditure of more than Rs 1.58 lakh crore. Of this amount, proposals involving a total net cash outflow of more than Rs 1.07 lakh crore and additional gross expenditure, associated with ministry/departmental savings or higher overall revenue of more than Rs 50,946 crore, PTI said. Meanwhile, Finance Minister Nirmala Sitharaman presented the budget for Jammu and Kashmir on Monday, which is expected to be discussed in the House’s after-lunch session.

The second part of the budget session in parliament started on Monday at 11 a.m. Minister of Tribal Affairs Arjun Munda is also expected to submit the Constitution (Scheduled Tribes) Ordinance (Amendment) Bill for the inclusion of certain communities in the list of TS in relation to Tripura State for consideration and endorsed in the Lok Sabha. In the upper house, he will shift the bill to communities in Jharkhand.

With the Covid19 situation improving significantly, Lok Sabha and Rajya Sabha will have concurrent sessions starting at 11 a.m., instead of the two separate shifts during the first part of the budget session from January 29 to February 11.

The session comes days after the ruling Bharatiya Janata Party (BJP) recorded victories in Assembly polls in four states of Uttar Pradesh, Uttarakhand, Goa and Manipur as the Aam Aadmi Party (AAP) came to power in Punjab.

The first part of the budget session began on January 29 with a speech by President Ram Nath Kovind at a joint session of the Lok Sabha and the Rajya Sabha in the central hall of Parliament, followed by the presentation of the economic study. Sitharaman presented the Union budget on February 1, followed by discussions of the motion of thanks to the President’s speech and the Union budget.

Following the meeting of the Congress working committee, the party decided to raise issues such as the alleged delay in the evacuation of Indians from Ukraine, the future of students who returned from the war-torn country, the rise in prices, the dispute over the border with China and unemployment, among other things, in session.

Click to comment

Leave a Reply

Your email address will not be published.

Most Popular

To Top