Prime Minister Narendra Modi will chair an all-party meeting on January 30. An NDA (National Democratic Alliance) is also scheduled to be held on January 30. The meetings will be held via video-conferencing and an invitation has been extended to floor leaders of all parties. The Union Budget 2021-22 will be presented by Union Finance Minister Nirmala Sitharaman on February 1.
“The all-party meeting will be held on January 30, where the government will put forth its legislative business for the Parliament session and would also listen to the opposition’s suggestions,” Parliamentary Affairs Minister, Pralhad Joshi said. The Parliamentary meeting will be held in two shifts with Rajya Sabha in the morning and Lok Sab in the evening.
An all-party meeting is a customary procedure before the beginning of every session of Parliament to ensure its smooth functioning. This time amidst the pandemic it is being held a day after the session starts on January 29. The Budget session of Parliament is starting from January 29 and will be held in two parts.
The first part will conclude on February 15 and the second part will be held from March 8 to April 8.
The Union Budget for the fiscal year 2021-22 determines to a greater significance as the Centre aims to at faster progress of the economy after the steep decline owing to the COVID-19 pandemic and subsequent lockdown. In 2019, India had overtaken the UK to become the fifth-largest economy in the world, however, was knocked down due to the lockdown. Now, India aims to become India to become the fifth-largest economy in 2025 and the third-largest economy by 2030.
