The budget session of Parliament is starting from today (January 31). It will begin with President Ram Nath Kovind’s address. The President will address both the houses in the Central Hall of Parliament. After the commencement of the session, Finance Minister Nirmala Sitharaman will present the Economic Survey 2021-22 in the House. The tenth budget of the Modi government will be presented on February 1. This time there will be no Zero Hour and Question Hour in both the houses of Parliament during the first two days of the budget session.
Economic Survey: Will know the economic health of the country
The Economic Survey is an account of the economic development of the country in a year. On the basis of which it is estimated that how was the economy of the country within the last one year. On which fronts there was an advantage and where was the loss. Overall, it can be said that the Economic Survey presents a picture of the country’s economy within the last one year.
On the basis of this economic survey, it is decided that what kind of prospects are there inside the economy in the coming year. The special thing is that on the basis of this survey, suggestions are also given to the government. But whether to implement them or not is the responsibility of the government. This is the reason why the Economic Survey is presented in Parliament just before the budget.
CEA will give information on economic survey
Just before the budget session, on Friday, January 28, the government appointed Dr. V. Anantha Nageswaran as the Chief Economic Advisor. Dr. Nageswaran will hold a press conference on the Economic Survey on January 31. There will be a press conference of CEA after Finance Minister Nirmala Sitharaman presents the Economic Survey in Parliament.
Finance Minister Nirmala Sitharaman will present the Union Budget on February 1 at 11 am and this time too it will be a paperless budget. The Finance Minister will present the budget through a tablet. No hard copy of the budget has been printed. It can be read and downloaded from the mobile app.
To read about Union Budget Mobile App, Please Click Here