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PremiumThe Budget Session of Parliament began at 11 am today i.e. on 31 January, 2023. President of India Droupadi Murmu addressed both houses in a joint session. The Economic Survey was tabled with projections for economic growth for fiscal 2023-24. FM Nirmala Sitharaman tabled the Economic Survey in Parliament. As per the Economic Survey, India's economy to grow 6.5% in 2023-24, compared to 7% this fiscal and 8.7% in 2021-22 .
In 2015, India was ranked 81st in the Global Innovation Index. Now we have reached the 40th position. 7 years ago, when there were only a few hundred registered startups in India, today this number is reaching around 90,000.
In the golden age of independence, the country is moving ahead with the inspiration of five souls. My government is constantly trying to get rid of every sign of slavery, every mentality. What was once Rajpath has now become Kartipath, says President Droupadi Murmu
In the last eight years, the metro network in the country has increased more than three times.
Govt striving to get rid of every sign of slavery, an example is change of name from Rajpath to Kartavya Path: Prez Murmu
As a result of new initiatives by my government, our defence exports have increased six times. I am proud that today the first indigenous aircraft carrier in the form of INS Vikrant has also joined our Navy: President Murmu
President Murmu has said that the country now has 90,000 startups
On one side Ayodhya Dham being developed,& on the other side, a modern Parliament is being constructed. While redevelopment of Kedarnath Dham & development of Kashi Vishwanath Dham corridor & Mahakal project completed, simultaneously medical college being made in every district: Pres Murmu
I'm delighted that my Govt has decided to extend PM Garib Kalyan Anna Yojana in accordance with the new circumstances. This is the identity of a sensitive & pro-poor govt...This scheme is being appreciated across the world: President Droupadi Murmu to Parliament
Our heritage connects us to our roots and our development gives us the courage to touch the sky. That is why my government has chosen the path of consolidating heritage and giving priority to development, says President Murmu
Women empowerment has been at the core of all schemes introduced by my govt. Today, we're seeing the success of 'Beti Bachao, Beti Padhao'. For the first time in the country, no. of women is more than men and the health of women has also improved more than before: President Murmu
The 'Aspirational districts' program is now being repeated at the block level, for which, 500 blocks have been identified in the country. The 'Vibrant villages' program to develop villages in border areas has also been introduced, says President Murmu
We've seen that during COVID period, how living had become difficult for the poor across the world. But, India is one of those countries that gave highest priority to protecting the lives of the poor & tried to see that no poor in the country sleeps on an empty stomach: President
'Garibi hatao' is not just a slogan anymore. My government is working to have a permanent solution to the problems of the poor and empowering them: President Droupadi Murmu
President Murmu says, "With complete transparency, more than ₹27 lakh crores have been provided to crores of people. A World Bank report states that with such schemes & systems India was able to save crores of people from dropping below the poverty line during COVID.
My government has worked for every section of society without any discrimination. As a result of the efforts of my government in the last few years, many basic facilities have either reached 100% population or are very close to that target, says President Murmu
About 11 crore families have been connected with piped water supply in three years under the Jal Jeevan Mission. Poor families are getting the maximum benefit from this, says President Murmu to the joint sitting of Parliament
President said, “My government is of the clear opinion that corruption is the biggest enemy of democracy and social justice. To seize the property of fugitive economic offenders, my government passed the Fugitive Economic Offenders Act"
Today, there is a stable, fearless and decisive government in the country that is working towards realising the big dreams, President Murmu said.
From surgical strike to strict action against terrorism, giving befitting response on LoC and LAC, to abrogating Article 370 in J&K and abolishing Triple Talaq, this government's identity has been that of a decisive one," she said.
President Murmu in the joint session of Parliament said, “Today, India's self-confidence is at its highest and the world is looking at her from a different perspective. India is providing solutions to the world"
President Murmu in her first address said, “2047, we have to build a nation that will be connected to the pride of the past and which will have all the golden chapters of modernity. We have to build an India that will be 'aatmanirbhar' and capable to fulfill its humanitarian duties."
President Droupadi Murmu arrives at the Parliament to deliver her first address to its joint sitting
Ceremonial escort to President Droupadi Murmu to Parliament to address the joint session at the start of the Budget session.
Ahead of the Budget Session, PM Modi said “The President's first address to the joint session of Parliament is a matter of pride for our Constitution, and especially for respect of women. The whole world has its eyes on India."
AAP, BRS to boycott the President's address today
PM Modi address ahead of the Budget session. He says, “Budget session begins today and at the beginning itself, credible voices from the world of economy, have brought in a positive message, a ray of hope & a beginning of enthusiasm. Today is important, President will address the joint session of the Parliament for the first time."
MoS Finance Pankaj Chaudhary has said that the Economic Survey will be tabled by FM Sitharaman today. The
"Union Budget 2023 will brought keeping all sections of the society in mind and also the country's economy, he added.
Congress Parliamentary Party chairperson Sonia Gandhi will attend today’s Presidential address in Parliament as many of the party's MPs are struck in Srinagar, J&K due to inclement weather.
AAP, BRS have boycotted the President's address.
Sensex declined 203.74 points to 59,296.67 in early trade; Nifty falls 52.8 points to 17,596.15. Rupee falls 9 paise to 81.61 against US dollar in early trade
BRS MP K Keshava Rao said both BRS & AAP have decided to boycott the President's address to Parliament today. “We are not against the President but only want to highlight through democratic protest the governance failures of the NDA govt," he said.
Jairam Ramesh has said that due to delayed flights from Srinagar airport on account of inclement weather conditions, Mallikarjun Kharge & many other Congress MPs will be unable to attend the President's address to both Houses of Parliament at 11am today.
While speaking to ANI, Adhir Ranjan Chowdhury said, “Due to inclement weather in Srinagar, I've been stranded at the airport in Srinagar.I may fail to join the Presidential address in Parliament today. So I deeply express my regret, I'll communicate this to Speaker also."
Ahead of the Economic Survey, the International Monetary Fund (IMF) has said that it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 percent from 6.8 percent during the current fiscal ending March 31. Read more here
President Droupadi Murmu to address joint sitting of Parliament. This will be the first address by resident Droupadi Murmu to the joint sitting of Lok Sabha and Rajya Sabha. She was elected President last year.
There will be a separate sitting of the Rajya Sabha for the transaction of government business, half an hour after the conclusion of the President's address.
The sitting will be held for a short duration as per procedures for the transaction of government business.
The session will take place in two parts with the first part concluding on February 13. The second part will be held from March 13 and will conclude on April 6.
The first part of the session would also see discussion on the Motion of Thanks to the President Address. Prime Minister Narendra Modi will reply to the debate in both Lok Sabha and Rajya Sabha. The government will also push its legislative agenda in the budget session.
The Economic Survey 2022-23 (FY23), which will be tabled a day before the Union Budget 2023-24 (FY24), is likely to peg India's real gross domestic product (GDP) growth at 6-6.8% for 2023-24. Highlighting the state of the economy in the current fiscal 2022-23, the government survey is expected to say that growth is seen at 6.5% for FY24 under the baseline scenario. Read more here
Bharat Rashtra Samithi (BRS) will boycott President's address today. Confirming to ANI, a BRS source said, "The BRS will boycott the Presidential Address to the joint session of Parliament as a mark of protest against the NDA government's failure on all fronts of governance."
Asked why they chose to the skip address of the President, who holds the highest constitutional post in the country, BRS Lok Sabha MP Ranjith Reddy said there are good enough reasons to boycott the address. "Even the Governor of Telangana is a constitutional authority but you see what she has been doing. That is a good enough reason for us to boycott (the President's address)," Reddy said.
The BJP-led central government and the BRS regime in Telangana have been at odds for a while, with Chief Minister K Chandrasekhar Rao skipping several meetings chaired by Prime Minister Narendra Modi.
Aam Aadmi Party (AAP) sources told ANI that the party will boycott the President's Address today. “The party's MPs will stay out of the Parliament House at the time of the address," they said.
While briefing the media after an all-party meeting convened by the government ahead of the Budget Session, Parliamentary Affairs Minister Pralhad Joshi said the government was willing to discuss every issue in Parliament under rules. "We seek Opposition's cooperation" in running the House smoothly.
At the meet, Aam Aadmi Party's Sanjay Singh, RJD's Manoj Jha, DMK, Left parties and others raised the Adani issue and sought discussion on it in Parliament during the session.
The US-based short seller Hindenburg Research has accused the Adani Group of wrongdoing like stock manipulation. The company has dismissed the allegations as "nothing but a lie".
CEA Dr V. Anantha Nageswaran will address a Press Conference on 31st Jan. 2023, at 2:00 pm in New Delhi after the presentation of Economic Survey 2022-23 by FM Nirmala Sitharaman in Parliament.
To watch the conference LIVE, click here
The first economic survey came into existence in 1950-51 when it used to be a part of the budget documents. Read here
The livestream of the economic survey can be watched on the government's official channels. PIB India will also livestream the release.
The Economic Survey is prepared by the Economics Division of the Department of Economic Affairs of the Finance Ministry under the overall guidance of the Chief Economic Adviser (CEA)
The Economic Survey is an annual report card of the economy, which is presented a day before the budget and examines the performance of each and every sector and then suggests future moves. The Economic Survey document will give insights into the state of the economy and various indicators in the current financial year 2022-23 and the outlook for the following year. It is prepared by the Economic Division of the Department of Economic Affairs in the finance ministry and formulated under the supervision of the chief economic adviser V Anantha Nageswaran.
The Economic Survey for 2023-24 will be released on Tuesday, January 31. It will be presented by the Finance Minister Nirmala Sitharaman in the Parliament during the Budget Session.
