FM Nirmala Sitharaman replies to discussion on Budget in both houses

The first
leg of the budget session of Parliament ended today..It saw Finance Minister
Nirmala Sitharaman reply to the discussion on the budget in both houses.The FM
countered all the shortcomings pointed out by the Opposition in the budget and
the govt’s measures on the economic front.

She said the
budget has all provisions to take the economy towards the 5 Trillion dollar
goal & there are at least 7 signs of greenshoots being visible

Tuesday was
the last day of the first leg of the budget session of Parliament. It saw
Finance Minister Nirmala Sitharaman replying to the discussion on the union
budget in both houses.

She
countered all the Opposition’s charges on the economy & dubbed the budget
to be in the interest of the country.

First in the
Lok Sabha, the Finance Minister rejected the Opposition’s charges of the
economy being in trouble saying it’s in the hands of competent doctors &
measures taken by the govt have started showing an uptick in the economy.

Expressing
confidence about to 5 Trillion dollar economy goal by 2024-25. The FM said the
govt will be spending 103 lakh crore rupees for infrastructure development in
the next 4 years according to the National Infrastructure Pipeline.

She also
said that the govt has taken sufficient steps to boost public and private
investment apart from undertaking measures to hike consumption such as hiking
2019-20 minimum support price for rabi and kharif crops.

She also
provided data on how the govt’s steps to increase employment have borne fruit.

Discussion
on the budget also held centre stage in the Rajya Sabha with several political
parties participating. While the Opposition expressed worries on the state of
the economy, the treasury benches were full of praise for the budget.

The FM said
the govt has been increasing outlay for women, children & the backward
clases apart from different sections of society in each budget.

She said her
govt will definitely not repeat the mistakes of the UPA era.

The first
leg of the budget session is now over..It’s start on the 31st of January saw
the President’s inaugural address to both houses of Parliament.

The Economic
Survey was tabled the next day followed by the union budget on the 1st of
February.

The
discussion on the President’s address was robust.The PM reponded in both houses
on the President’s address while the FM replied on the budget discussion.

3 bills were
also tabled during the first leg of the budget session. The one related to
inclusion of some Karnataka tribes in the list of STs was also passed.

The 2nd leg
of the budget session will begin on the 2nd of March and will be on till the
3rd of April.