Prime Minister Narendra Modi is scheduled to hold a meeting with economists at NITI Aayog on Friday, sources said.
The Prime Minister in the meeting will seek the opinions and suggestions of the economists and will also assess the state of the Indian economy and its challenges, ahead of the Union Budget. The Budget Session of Parliament is likely to begin on January 31 and is expected to conclude on April 6 with a recess in between, government sources had said on January 2.
President Droupadi Murmu will address the joint Lok Sabha and Rajya Sabha meeting in the Central Hall of Parliament to kick off the session.This will be the first address to the two Houses of Parliament by President Murmu since her elevation to the top post in July last year.
On the first day of the budget session, the Economic Survey will also be tabled in both Houses. Meanwhile, Finance Minister Nirmala Sitharaman is likely to present the Union Budget in Parliament on February 1 and the first part of the session is expected to continue till February 10.
The second part of the budget session is expected to begin on March 6 and end on April 6 following a break during which the standing committees examine the requests for grants from various ministries.
During the first part of the Budget Session, the two Houses have a detailed discussion on the Motion of Thanks to the President’s Address followed by a discussion on the Union Budget.
While Prime Minister Narendra Modi will reply to the debate on the Motion of Thanks to the President’s address, the Finance Minister will also reply to the debate on the union budget.
Apart from the government’s legislative agenda, the main focus of the second part of the Budget Session would be the discussion on the demands for grants for various ministries. During this session, the Union Budget, a money bill, is passed.