New Delhi, January 9: The Budget session of Parliament is likely to commence from January 31 and will conclude on February 13, reports stated quoted government officials. According to a tweet by ANI, the interim budget will be presented on February 1 during the budget session of the parliament. The decision was taken in the meeting of the Cabinet Committee on Parliamentary Affairs (CCPA).
Union Finance minister Arun Jaitley will present Union Budget 2019. This will be the sixth consecutive Budget to be presented by the Finance Minister. The Union Budget this year will be the last Budget under Modi government before going to the 2019 Lok Sabha polls. Interim Budget 2019: Middle Class Likely to be Wooed by Narendra Modi Govt; Higher 80C, Housing Loan Exemption Limit on Cards.
On 21 September 2016, the government put an end to the 92-year-old practice of separate rail and general budgets and merged the two to one. With the government's decision, Railway Budget 2019 will be presented as a part of the Union Budget. In 2018, the Budget session had ended on April 6. A legislative research body has termed the budget as the least productive since the year 2000.
According to data provided by Parliamentary Affairs minister Ananth Kumar, the productivity during the Budget session in 2018 in Lok Sabha (LS) was 134 per cent, and that of the Rajya Sabha (RS) around 96 per cent during the brief Part I of the session. The Part I of the session had seven LS and eight RS sittings.