Budget Session Of Parliament Highlights: Lok Sabha, Rajya Sabha Adjourned Till Thursday
Budget Session Live: Before the House was assembled, the prime minister, accompanied by Parliamentary Affairs Minister Ananth Kumar, went to the opposition benches and greeted the leaders. PM Modi also greeted the members of the treasury benches before the House assembled as well as after it was adjourned for the day.
Parliament Live: Budget session commenced today with President Ramnath Kovind's address
New Delhi: The Economic Survey tabled on the first day of the budget session in Parliament, expects GDP or gross domestic product growth to accelerate between 7 per cent and 7.5 per cent in the coming fiscal year, starting April 1, 2018. Soon after the report was tabled, Lok Sabha was adjourned till Thursday. Later, Rajya Sabha was also adjourned. The budget session started off with President Ramnath Kovind addressing a joint-sitting of both the houses of the parliament. In his speech, the President said the country has been able to achieve economic growth despite slowdown in the global economy. Highlighting the achievements of the government, President Kovind said India's forex reserves have surpassed $ 410 billion.
"Government is committed to doubling of farmers' income by 2022. To ensure remunerative price to farmers for their produce, the agriculture mandis are being connected online. So far, agricultural commodities valued at about 36,000 crore have been traded on e-NAM portal," he said. He noted that as a result of government s policies and the hardwork of farmers, a record production of more than 275 million tonnes of food grain and about 300 million tonnes of horticultural produce have been achieved in the country. Prime Minister Narendra Modi, Union Ministers, Deputy Speaker M Thambidurai, opposition leaders Mallikarjun Kharge, Mulayam Singh Yadav, Sudip Bandopadhyay and Farooq Abdullah were among others present in the House.
The House will meet on February 1 when the general budget for 2018-19 will be presented by the finance minister. Before the House was assembled, the prime minister, accompanied by Parliamentary Affairs Minister Ananth Kumar, went to the opposition benches and greeted the leaders. PM Modi also greeted the members of the treasury benches before the House assembled as well as after it was adjourned for the day. The session is likely to conclude on April 6, with 31 sittings spread over 68 days. Parliament will be adjourned for a recess on February 9 and reassemble on March 5.
Here are the Highlights of the day 1 of budget session:
Jan 29, 2018 13:46 (IST)
The President's Address: Farmers, Jobs, Women On Government's Agenda Addressing the joint session of parliament on the first day of budget session, President Ramnath Kovind gave an overview of what to expect in Finance Minister Arun Jaitley's fifth budget, the last full-fledged one, before the country votes for the general elections in 2019. The government's list of priorities before heading to parliamentary elections has farmers, jobs, women along with bijli-sadak-pani and schemes for the minorities, the disabled and the elderly. Highlighting the government's flagship Aadhaar scheme, President Kovind said, the unique identity number has helped in securing the rights of the poor by eliminating middlemen and till now more than Rs 57,000 crore have been prevented from going into the wrong hands.
Jan 29, 2018 13:40 (IST)
Meanwhile, recently elected AAP members to Rajya Sabha from Delhi Sanjay Singh, Sushil Gupta and N D Gupta took oath as the members of parliament.
GDP to expand by 6.75% in 2017-18, re-instating India as world's fastest growing major economy, says Economic Survey tabled in Parliament.
Advertisement
Jan 29, 2018 12:39 (IST)
Economic Survey pegs 2018-19 GDP growth at 7-7.5 per cent. It says current high oil prices a major concern.
Jan 29, 2018 12:32 (IST)
Lok Sabha has been adjourned till Thursday after Economic Survey was tabled in the house by Finance Minister Arun Jaitley.
Jan 29, 2018 12:30 (IST)
Economic Survey 2017-18 has been tabled in Lok Sabha by Finance Minister Arun Jaitley.
Jan 29, 2018 12:23 (IST)
While only 76 airports of the country were connected with commercial flights since Independence, under 'UDAN', work has been initiated to connect 56 airports and 31 helipads in a short span of 15 months. So far, flights have commenced from 16 such airports: President Kovind
Jan 29, 2018 12:18 (IST)
My government has approved setting up of a 'National Testing Agency' as an autonomous and self-sufficient organisation to conduct all examinations of higher educational institutions in the country: President Kovind in Parliament. Watch full speech here.
Jan 29, 2018 11:57 (IST)
Government has introduced insurance schemes for the poor at a premium of Rs 1 per month and 90 paise per day. More than 18 crore poor have been covered under 'Pradhan Mantri Suraksha Bima Yojana' and 'Pradhan Mantri Jeevan Jyoti Bima Yojana': President Kovind
Jan 29, 2018 11:50 (IST)
Our fight against corruption is continuing. In the past one year, registration of about 3,50,000 suspicious companies have been cancelled: President Kovind
Jan 29, 2018 11:47 (IST)
I appreciate the soldiers and offer condolences to those who lost their lives in action. Jammu and Kashmir police, defence and paramilitary forces are working together to fight terrorism in Jammu and Kashmir: President Kovind
Jan 29, 2018 11:43 (IST)
Service to humanity is an integral part of India's cultural heritage. Because of these values, India has always remained the first responder in times of crises, such as the earthquake in Nepal, flood calamity in Sri Lanka and drinking water crisis in Maldives: President Kovind.
Jan 29, 2018 11:37 (IST)
Aadhaar has helped in securing the rights of the poor by eliminating middlemen. At present, digital payments are being carried out in more than 400 schemes of the government: President Kovind.
Jan 29, 2018 11:36 (IST)
Resolving the problems of farmers and raising their standard of living has been a top priority for my government. My government's plans are not limited to reducing the concern and issues faced by farmers, but also decreasing their expenditure on farming: President Kovind
Jan 29, 2018 11:35 (IST)
Kumbh Mela was included in the list of 'Intangible Cultural Heritage of Humanity'. Last year, UNESCO accorded Ahmedabad the status of India's first 'Heritage City'. Chennai, on account of its glorious tradition of music, has been included in the list of creative cities by UNESCO: President Kovind
Jan 29, 2018 11:33 (IST)
My government has increased the minimum wage of workers by more than 40 per cent. The number of registers for compliance of labour laws has also been reduced from 56 to 5. All returns are now filed online on the Shram Suvidha Portal: President Kovind.
Jan 29, 2018 11:30 (IST)
My government has stressed on encouraging and promoting the poor and the middle class towards self-employment, by providing a loan without a bank guarantee. This has helped the people to easily take loans to realize their dream of running their own businesses and enterprises: President Kovind while adressing joint sitting of parliament.
Jan 29, 2018 11:26 (IST)
Education provides the foundation for building the future of the Nation. My government is committed to strengthening and modernising school and higher education system in the country: President Kovind
