Parliament’s budget session from 31 Jan, PM meets economists

NEW DELHI, 13 Jan: Parliament’s budget session will begin from 31 January with President Droupadi Murmu’s address to the joint sitting of the Lok Sabha and the Rajya Sabha.
The session will have 27 sittings and will continue till 6 April, with a month-long recess to examine the budget papers, Parliamentary Affairs Minister Pralhad Joshi said.
Finance Minister Nirmala Sitharaman will present the union budget on 1 February.
The first part of the budget session will conclude on 14 February, he said.
Parliament will reconvene on 12 March for the second part of the budget session.
Meanwhile, Prime Minister Narendra Modi on Friday met several prominent economists as his government gets ready to present the union budget for 2023-24 amid global headwinds emanating from geopolitical tensions, said sources.
The prime minister’s meeting was also attended by union Finance Minister Nirmala Sitharaman and other senior government officials. Niti Aayog Vice Chairman Suman Bery and other members were also present, said sources.
Economists who participated in the meeting included Shankar Acharya, Ashok Gulati, and Shamika Ravi.
Several suggestions were made by the economists during the meeting for boosting economic growth, which is estimated to drop to 7 percent in the current financial year from 8.7 percent in 2021-22.
The economy is facing several challenges, including persistently high inflation, a depreciating rupee, and subdued growth in exports.
The ongoing Russia-Ukraine war and disruptions in the global supply chains have adversely global economic growth. (PTI)