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Tuesday Feb 07, 2023

Tag: Parliament

Union Budget 2023 | Union Finance Minister Nirmala Sitharaman reached the Parliament, all eyes on the fourth day of the budget session

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Nirmala Sitharaman's big announcement in Budget 2022, 400 new Vande Bharat trains will be started

File Photo

New Delhi : Today is the fourth day of the Union Budget session in Parliament. For which Union Finance Minister Nirmala Sitharaman has reached Parliament. The Finance Minister will inform all BJP MPs about the budget in Parliament. During this, all Rajya Sabha and Lok Sabha MPs are expected to be present.

Union Minister Piyush Goyal, Kiren Rijiju along with BJP MPs Sukant Mazumdar and Sushil Modi have also reached Parliament. Let us inform that the proceedings of Lok Sabha and Rajya Sabha will start at 11 am. So today once again there are chances of uproar in both the Houses on the Adani case.

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Significantly, according to the report of Ani, Congress MP Manish Tewari has given Adjournment Motion Notice in Lok Sabha to discuss the border situation with China. Explain that Congress MP Pramod Tiwari also gave suspension of business notice under rule 267 in Rajya Sabha to discuss the “issue of fraud in investments by LIC, SBI, public sector banks and other financial institutions that have lost market value”.

Also DMK’s Rajya Sabha MP Tiruchi Siva gave suspension of business notice under Rule 267 to discuss “adverse impact of business activities of Adani Group on India economically and morally”. However, all eyes are now on the fourth day of the budget session.



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Budget 2023 Live | Sitharaman will present the last full ‘budget’ of the Modi government before the 2024 general elections in Parliament at 11 am, watch live here

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New Delhi. Today, after the Economic Survey, now the eyes of the common man are fixed on the budget. At the same time, this budget of the Modi government can be very important. Significantly, this is the last full budget of the Modi government before the general elections to be held in 2024. In such a situation, now the common man who is struggling with jobs, inflation, unemployment, health concerns and pension has a lot of expectations from the government.

On the other hand, today at 11 am, when the Finance Minister will start the budget speech, the eyes of the whole country will be on her, foreign investors also have many positive expectations from India’s budget, because only yesterday, Prime Minister Narendra Modi has said that The whole world is watching India’s budget.

Along with this, today people believe that in view of the general elections to be held next year, this budget of the Modi government can be populist. At the same time, financial experts are also saying that the government will make such announcements from tax exemption to agriculture, defense, education, healthcare, industry, railways and almost all important sectors, which will assure the public that the pace of progress of the country is not going to stop. .

One important thing will be that, before the general elections of the year 2024, the last full budget of the country will also decide whether the government’s preparation from India’s GDP to fiscal deficit front is firm or not, what are the plans of the government regarding this. are and how they will be worked upon.



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Union Budget 2023 | Financial audit report submitted to the Parliament, know how is the country’s economic condition before the budget

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Nirmala Sitharaman's big announcement in Budget 2022, 400 new Vande Bharat trains will be started

File Photo

Delhi: Union Finance Minister Nirmala Sitharaman tabled the Economic Survey report in the Lok Sabha. In the Economic Survey Report 2022-23, the growth rate of domestic product has been estimated to be 6 to 6.8% in the financial year 2023-24. It is estimated that the growth rate will be 7% in this year. The Finance Minister will present the coming year’s budget (Union Budget 2023) in the Parliament tomorrow. Since the Lok Sabha elections are due next year, this will be the last full budget of the Modi government. India is becoming the fastest growing economy of the world. Economic growth will come from increased personal spending, corporate balance sheets, credit growth among small businesses and migrant workers returning to cities, according to the report.

How much will be the inflation?

RBI has estimated the inflation rate to be 6.8 percent in the current financial year. This estimate is higher than the upper target limit of RBI. According to the Economic Survey report, the country’s growth rate in 2023-24 will be 6.5%. This year the growth rate will be 7% while in 2021-22 the growth rate will be 8.7%.

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debt will be expensive

Not good news for borrowers. Interest on long-term loans is likely to remain high. Repo rate will be increased to control inflation. According to the Economic Survey, the Indian economy has seen a faster recovery than other countries in the world. Increase in domestic demand, capital investment will boost growth. The survey includes India’s gross domestic product (GDP) estimates, inflation estimates, foreign exchange reserves and trade deficit. Before the presentation of the Economic Survey, President Draupardi Murmu addressed both the Houses of Parliament. With this the budget session started. President Draupadi Murmu while addressing both the sessions of Parliament together said that we want to create a self-reliant India. India should be such that there is no poverty. Its middle class should also be financially strong.



Posted by: Dinar09
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Union Budget 2023 | This time the budget session of the Parliament will start from January 31, the session will continue till April 6.

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budget

New Delhi. According to the big news received regarding the country’s budget, this time the budget session of the Parliament is starting from 31st January, which will continue till 6th April. According to the information, the budget can be presented on February 1. At the same time, the budget session of the year 2023 will be of 66 days this time. In which 27 important meetings will be held.

Giving information in this regard today, Union Parliamentary Affairs Minister Prahlad Joshi said that there will be a break between February 14 and March 12. In this regard, he wrote in a tweet, the budget session of the Parliament will start from January 31 and will continue till April 6, in which 27 sittings will be held in 66 days with normal holidays.

Along with this, today Prahvad Joshi said that this time, during the budget session 2023, there will be a holiday from 14 February to 12 March, so that department-related parliamentary standing committees can examine the demands for grants and also prepare reports related to their ministries/departments. .

Know that Right now the world is going through a terrible phase of ongoing war between Russia and Ukraine. At the same time, this ongoing war has greatly affected the prices of essential commodities at the global level. Along with this, the World Bank and the International Monetary Fund (IMF) have also warned of an impending recession in 2023.

If we talk about the country, the National Statistics Office (NSO) had given information on Thursday itself that, due to the softening of food prices in India, retail inflation has come down to the lowest level of 12 months in December at 5.7%. . At the same time, the quarter ending December 2022 was also the fourth consecutive quarter when the CPI has been above the 6% mark.



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