In a high-stakes lead-up to the Budget session, as the BJP-led NDA government navigates a labyrinth of coalition demands and resurgent opposition pressures, all eyes will focus on Finance Minister Nirmala Sitharaman’s presentation on India’s robust economic growth amidst international concerns. The release of the Economic Survey 2023–24 scheduled for today in Lok Sabha at 1 pm and in Rajya Sabha at 2 pm today. The Monsoon Session, beginning today, will go on till August 12, where six bills will be tabled, including the Finance Bill 2024.
Opposition leaders at Sunday’s all-party meeting united to criticize ADG, Meerut Zone’s directive. They urged the Centre to intervene, condemning it as “divisive,” which mandates eateries on the Kanwar Yatra route to disclose owners’ and employees’ religious identities. Furthermore, the Opposition intends to use its parliamentary mandate to address issues ranging from anomalies in the NEET examinations to worries about railway safety and economic pressures.
With economic uncertainty and fiscal concerns, finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday. Intense discussions and legislative deliberations will shape India’s socio-economic trajectory in the upcoming months, during a crucial parliamentary session marked by coalition difficulties and opposition unity. The Finance Bill 2024 proposes sweeping tax reforms, set alongside five pivotal bills: Disaster Management (Amendment), Boilers bill, Bhartiya Vayuyan Vidheyak, Coffee (Promotion and Development), and Rubber (Promotion and Development) Bills, aiming to enhance disaster response, industrial safety, aviation regulations, and agricultural growth.
Meanwhile, emphasizing regional development, BJP partners JD(U), and YSRCP strongly demanded Special Category Status (SCS) for Andhra Pradesh and Bihar, respectively, at a pivotal all-party conference held on Sunday, prior to the Parliament Session. Simultaneously, the BJD signaled changing dynamics within the NDA alliance by reiterating its ongoing demand for SCS for Odisha.
Meanwhile, Defence Minister Rajnath Singh has advocated for respectful procedural rules and meaningful debate to restore parliamentary civility. Floor leaders agreed to reopen Central Hall for informal meetings amongst MPs, signaling efforts towards bipartisan participation.
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