Budget session likely from January 28, Union Budget set for February 1: Report

The budget session, the first parliamentary session of the calendar year, traditionally begins with the President’s address to a joint sitting of both Houses.

• The budget session, the first parliamentary session of the calendar year, traditionally begins with the President’s address to a joint sitting of both Houses.

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The Cabinet Committee on Political Affairs (CCPA) has agreed to propose January 28 as the start date for the budget session of Parliament, with February 1 likely to be set for the presentation of the Union Budget, sources said on Wednesday. However, a final decision on the dates is yet to be taken, news agency ANI reported.

The budget session, the first parliamentary session of the calendar year, traditionally begins with the President’s address to a joint sitting of both Houses. The Union Budget has been presented on February 1 for several years now, and despite the date falling on a Sunday this year, there is a strong likelihood that the government will stick to it to maintain predictability in financial processes.

The session is usually held in two phases, separated by a break that allows parliamentary standing committees to examine the demands for grants of various ministries. India is also scheduled to host the AI Impact Summit next month during this period.

Sources said the CCPA deliberated on two possible start dates—January 28 and January 31—and a final call is expected shortly.

It may be recalled that on February 1, 2017, the presentation of the Union Budget was advanced by a month, and the expenditure cycle by two months, as part of broader reforms aimed at improving fiscal governance.

Like the winter session, the upcoming budget session is also expected to see the introduction of several bills and detailed discussions on key legislative proposals.