President Pranab Mukherjee addressed the Parliament in a joint session of both houses as is customary at the budget session which begins today. Despite opposition of parties, the government advanced the budget presentation to February 1, which it said would ensure important policy changes are implemented by April 1 when the new fiscal year begins.
The economic survey will be tabled today by Finance Minister Arun Jaitley, who will present the Union Budget tomorrow. In a first, the Rail Budget has also been merged with the union budget.
Prime Minister Narendra Modi has urged all political parties and leaders to help in a smooth and meaningful functioning of the session. The Trinamool Congress of West Bengal Chief Minister Mamata Banerjee has, however, said it will skip the first two days of the Budget session, including the traditional President’s address in Parliament’s Central Hall.