To put an end to policy stalemate, the government has worked resolutely: Murmu, President
As the Budget Session opens, President Droupadi Murmu addresses the joint session of Parliament and claims that the third term of the Narendra Modi government is seeing work done three times as quickly as prior administrations.
Source: The Indian Express
Live Updates for the 2025 Economic Survey: Speaking before the Parliament's Budget session, Prime Minister Narendra Modi praised the financial reforms anticipated in the upcoming fiscal year. President Droupadi Murmu praised the expanding Indian economy and the government's achievement in enacting reforms as he opened the first day of the Budget session in the Parliament on Friday. Union Finance Minister Nirmala Sitharaman will present the Economic Survey 2025 to the Lok Sabha and Rajya Sabha separately shortly after President Murmu's speech at 11 a.m. On Saturday, the Finance Minister will deliver the Union Budget for the ninth time in a row.
Expect a stormy budget session: With opposition parties calling for a discussion on the alleged mishandling of the Maha Kumbh event in Prayagraj, where 30 pilgrims were killed in a stampede, the Budget session 2025 is predicted to get off to a rocky start. The Waqf (Amendment) Bill is anticipated to be another area of conflict between the opposition and the Center. Additionally, during the first half of the Budget session, which ends on February 13, the administration is anticipated to table sixteen bills.
The Economic Survey 2025: What is it? The finance minister presents the Economic Survey, a pre-budget report, to the Parliament. It provides a thorough analysis of the Indian economy's present situation and prospects for the fiscal year 2025–2026. The document will be presented to the Rajya Sabha at 2:00 pm and the Lok Sabha at 12:00 pm. An evaluation of the major developments, such as decreasing economy, the rupee's depreciation vs the US currency, and muted demand for spending, is anticipated in the document. In addition to giving a prognosis for the upcoming fiscal year, the study summarizes the economic and sectoral developments.