The Parliament session resumes on February 10.
In the Lok Sabha, The Institute of Teaching and Research in Ayurveda Bill, 2020, is to be introduced. The Direct Tax Vivad Se Vishwas Bill, 2020, is to be undertaken for consideration and passing.
General discussion on the Union Budget 2020-21 is to be undertaken in both Houses.
Here are the latest updates:
Rajya Sabha | 4 p.m.
Praful Patel (NCP) says he does not see a single new industry coming up in the country.
Lok Sabha | 3.30 p.m.
Praneet Kaur (INC) says India should not fall into the middle-income trap. She says she hopes the govt will equip the country with the right economic policies for the country to grow.
Aparajita Sarangi (BJP) says the Budget has vision and action.
Hasnain Masoodi (NC) says Jammu & Kashmir has been reduced to a municipality.
Rajya Sabha | 3 p.m.
T.K. Rangarajan [CPI(M)] says the country needs 14.4% GDP in the next few years to achieve a $5 trillion economy.
T.K.S. Elangovan (DMK) speaks against the idea of ‘faceless assessment’. He says the entire Budget is a propaganda mechanism. He asks why there are so many schemes reliant on the PPP model to function. Why can’t the government do it, he asks.
Lok Sabha | 2.30 p.m.
Supriya Sule (NCP) says seven people die everyday in Mumbai suburban trains.
The market crashed 1200 points when the Budget speech was made, she says.
Dayanidhi Maran (DMK) says to understand the new tax laws, one has to spend more money paying the auditor to figure out which bracket one falls into. Why can’t you come up with a single tax system, he asks.
Rajya Sabha | 2 p.m.
Ravi Prakash Verma (SP) says that demonetisation and compulsive digitisation has created ‘policy shock’ in the country. He says the ‘new world order’ as mentioned in the Budget doesn’t speak about farmers or workers or the poor, but only about profit.
Lok Sabha | 2 p.m.
Bhatruhari Mahtab (BJD) continues the general discussion on the Budget. He says government should not lose sight of wider reforms in public sector banks.
Thaawar Chand Gehlot makes a statement on the SC/ST Act. This prompts slogans from the Opposition and they walk out when Speaker refuses to hold a discussion on