Monday, October 25, 2021
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Monday, October 25, 2021
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Second Budget Session Likely To Be Adjourned Due To Assembly Elections

The second part of Parliament’s Budget Session started today. The span of this session is expected to be reduced because of the upcoming assembly elections in five states and Union Territory, which are likely to keep majorly all the political parties in these two months  of March and April. So far, the session is scheduled to close on April 8.

This comes after two TMC leaders Derek O’Brien, Leader of TMC Parliamentary Party in Rajya Sabha and Sudip Bandyopadhyay, Floor Leader of TMC Parliamentary Party in Lok Sabha wrote to the Lok Sabha Speaker and Rajya Sabha Chairman for the postponement of the meeting because of the close assembly polls in four states and one UT.  

However, this is only a view of the political parties and is being requested by the leaders of opposition parties but no official action has been taken yet in the matter, said sources.

Those five states and UTs which are going to be under polling are West Bengal, Tamil Nadu, Assam, Kerala and Puducherry and the voting is scheduled begin from March 27 and results on May 2.  

The focal point of the session is to get different demands of grants for the fiscal year 2021-22 passed alongside the Finance Bill. The centre has also kept various bills for the second part of the session.

The key bills kept for the second part of the Budget Session include National Bank for Financing Infrastructure and Development Bill, Pension Fund Regulatory and Development Authority (Amendment) Bill, Cryptocurrency and Regulation of Official Digital Currency Bill and Electricity (Amendment) Bill.

Reportedly many supreme leaders of the political parties are not likely to sit in the House as they will be busy in campaigning in these poll-bound states and UT.

Union Budget 2021 was presented on February 1, however, the first part of the Budget Session began on January 29 With President’s speech, which was boycotted by 20 opposition leaders in a bid to support farmers. The farmers have been protesting for over 100 days now for getting the centre’s three farm laws repealed.

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