Union Budget 2025: The much-awaited budget session of Parliament is starting from today. The session will begin with President Draupadi Murmu addressing a joint session of Parliament. After this, meetings of Lok Sabha and Rajya Sabha will be held, in which the Finance Minister will present the Economic Survey.
First full budget of Modi government 3.0
On February 1, Finance Minister Nirmala Sitharaman will present the first full budget of Modi government 3.0. This budget will play an important role in deciding the economic direction of the country.
All-party meeting before budget session
Parliamentary Affairs Minister Kiren Rijiju had called an all-party meeting regarding the budget session, in which the opposition made its stand clear. The Samajwadi Party demanded a discussion and transparent inquiry into the Maha Kumbh accident, while other opposition parties including the Congress announced to raise various issues in the House.
Preparations to introduce important bills
The government may introduce 16 important bills in this budget session, which mainly include:
Waqf (Amendment) Bill, 2024
Muslim Waqf (Repeal) Bill, 2024
Banking (Amendment) Bill, 2024
Railways (Amendment) Bill, 2024
Disaster Management (Amendment) Bill, 2024
Finance Bill, 2025
Protection of Interests in Aircraft Goods Bill, 2025
"Tribhuvan" Cooperative University Bill, 2025
Immigration and Foreigners Bill, 2025
Bill of Lading Bill, 2024
Oil Sector (Regulation and Development) Amendment Bill, 2024
Boiler Bill, 2024
Carriage of Goods by Sea Bill, 2024
Coastal Shipping Bill, 2024
The Merchant Shipping Bill, 2024
The Readjustment of Representation of SC/ST in Goa Assembly Constituencies Bill, 2024
The Budget Session will be held in two phases
The Budget Session will be held in two phases. The first phase will end on February 13, while the second phase will run from March 10 to April 4.
Conclusion
This Budget Session will be important not only from the point of view of financial policymaking but also various legislative reforms. Both the government and the opposition will enter the session with their own strategies, which can lead to heated debates and discussions.