Home / Budget / News /  Budget Session to begin on 31 Jan, Union Budget to be presented on 1 Feb

The Budgetary Session of the parliament for the year 2023 is likely to be commence from 31 January and conclude on 6 April, news agency ANI reported, citing government officials familiar with the developments. 

Union Finance Minister Nirmala Sitharaman will present the Union Budget in Parliament on 1 February and the first part of the session is expected to continue till 10 February. 

The government officials have also stated that the Economic Survey will also be tabled in both Houses on the first day of the budget session.

The commencement of the Budgetary Session of Parliament is likely happen with an address by President of India Droupadi Murmu to a joint sitting of the Lok Sabha and Rajya Sabha in the Central Hall of Parliament.

Notably, this will be President Murmu's first address to the two Houses of Parliament by President Murmu since her elevation to the top post in August last year.

The officials have said that after a recess during which the standing committees examine the demands of grants of various ministries, the second part of the Budget Session is likely to start on 6 March and conclude on 6 April.

During the first part of the Budget Session, the two Houses have a detailed discussion on the Motion of Thanks to the President's Address followed by a discussion on the Union Budget.

While Prime Minister Narendra Modi will reply to the debate on the Motion of Thanks to the President's address, the Finance Minister will reply to the debate on the union budget.

During the second part of the Budget Session, the major focus is on the discussion on the demands for grants for various ministries apart from the government's legislative agenda. The Union Budget, a money bill, is passed during this part of the session.

The work on the new Parliament building is being carried out as part of the Central Vista development. Those involved in the construction of the Parliament are confident that the second part of the Budget Session can be conducted in the new Parliament building

During the last session, nine bills were introduced in Lok Sabha and seven bills were passed by the lower House of Parliament.

The Rajya Sabha passed nine bills and the total number of bills passed by both Houses of Parliament during the session was nine.

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