M A I N   N E W S

Union Budget on July 10
Tribune News Service

New Delhi, June 23
The Narendra Modi government will present its first Budget on July 10, three days after the commencement of the Budget session of Parliament that is expected to last six weeks.

The decision to call the session between July 7 and August 14 was taken at a meeting of the Cabinet Committee on Parliamentary Affairs chaired by Union Home Minister Rajnath Singh. The Rail Budget will be presented on July 8 and the Economic Survey will be tabled on July 9. Sources in the government said considering the need for Parliament to approve the Finance Bill well before July 31, when the vote-on-account authorisation is scheduled to expire, this time it could do away with the practice of Demands-for-Grants to be examined by the Standing Committee.

As per convention, the outgoing government seeks a vote-on-account allowing it to draw from the treasury and avoid any lock-down. The new government presents a regular budget.

Session begins July 7

* The Budget session commences on July 7 and is expected to last six weeks

* The Rail Budget will be presented on July 8 and the Economic Survey will be tabled on July 9.