24 June 2014

Modi govt.’s first Budget on July 10

The first Budget of the Narendra Modi government will be presented on July 10. Parliament will be convened on July 7 for a session that will last till August 14.
The Cabinet Committee on Parliamentary Affairs that met on Monday is understood to have taken the decision, but there was no official announcement. The Railway Budget will be presented on July 8, while the Economic Survey will be released on July 9. Parliamentary Affairs Minister M. Venkaiah Naidu has asked all Ministries to draw up a list of pending bills.
There are at least four ordinances that need to be replaced with Acts of Parliament, including one that allowed Nripendra Mishra, who was earlier Chairman of the Telecom Regulatory Authority of India, to be appointed Principal Secretary to the Prime Minister. The TRAI Act had restricted jobs its chairmen could accept subsequently. An ordinance that transferred certain areas of Khammam district from Telangana to the successor State of Andhra Pradesh to execute the Polavaram project, and another one that amended the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act are awaiting parliamentary approval.
The government has signalled that some hard measures are on the way to turn around the economy.

The first Budget of the Narendra Modi government will be presented on July 10. Parliament will be convened on July 7 for a session that will last till August 14.
The Cabinet Committee on Parliamentary Affairs that met on Monday is understood to have taken the decision, but there was no official announcement. The Railway Budget will be presented on July 8, while the Economic Survey will be released on July 9. Parliamentary Affairs Minister M. Venkaiah Naidu has asked all Ministries to draw up a list of pending bills.
There are at least four ordinances that need to be replaced with Acts of Parliament, including one that allowed Nripendra Mishra, who was earlier Chairman of the Telecom Regulatory Authority of India, to be appointed Principal Secretary to the Prime Minister. The TRAI Act had restricted jobs its chairmen could accept subsequently. An ordinance that transferred certain areas of Khammam district from Telangana to the successor State of Andhra Pradesh to execute the Polavaram project, and another one that amended the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act are awaiting parliamentary approval.
The government has signalled that some hard measures are on the way to turn around the economy.