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Budget Session Live Updates: Lok Sabha, Rajya Sabha start off on a stormy note, adjourned till 2 pm

Congress, AAP, BRS and CPI MPs have given notices to discuss the Hindenburg report against Adani Enterprises

By Team Pardaphash 
Updated Date

Budget Session in Parliament Live Updates: Proceedings in the Lok Sabha and Rajya Sabha were adjourned till 2 pm on Thursday as Opposition demanded discussions over the diminishing shares of the Adani Group, following accusations by the Hindenburg Research firm. which has led to a decline in share prices of the conglomerate. In the Lok Sabha, members raised slogans, interrupting the Question Hour. In Rajya Sabha, Chairman Jagdeep Dhankar stated that none of the notices received fulfil the requirements under Rule 267, and hence, “they are declined”. His decision was met with shouts from the members, following which Dhankar adjourned the House till 2 pm.

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The Budget session of the Parliament began on Tuesday with the maiden address of President Murmu to the joint sitting of both Houses and the tabling of the Economic Survey.

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The first part of the session ends on February 14 and the second part will begin from March 12 and continue till April 6. The government plans to bring around 36 bills during the session.

On Wednesday, Finance Minister Nirmala Sitharaman presented her fifth Budget, which focuses on two key aspects, growth — through a large outlay for capital spending — and fiscal consolidation — by slashing subsidies and spending on the job guarantee scheme.

The Budget, the last full one before the Narendra Modi government goes for the next Lok Sabha elections, also appeared to have kept as target its support base in the forthcoming state elections, with key announcements for tribals, youth, women and the middle class. For the last group, income tax slabs have been rejigged under the new tax regime with a rebate on an income of upto Rs 7 lakh a year, up from Rs 5 lakh

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