The Modi government may soon present the final budget for its second term. If sources are to be believed, the budget session of Parliament may start from January 31. According to reports, the country’s President Draupadi Murmu will address both the houses of Parliament on January 31. At the same time, on February 1, Union Finance Minister Nirmala Sitharaman can present the budget of the central government.
Two budgets in election season
Let us inform you that the budget is presented twice in the election year in the country. First before the elections and second after the formation of the new government. The first budget is called interim budget and the second one is called general budget. Earlier, the interim budget was presented before the Lok Sabha elections in the year 2019.
Economic survey report also on 31st
According to the information received so far, the Economic Survey report can also be presented on January 31 after the President’s address in the budget session of Parliament. Economic survey is like accounting in simple language. The outline of the next year’s budget is decided on the basis of the accounts of the last one year.
Women and farmers can get gifts
This budget session of Parliament will be the last budget of the second term of the Modi government. After a few months, Lok Sabha elections are to be held in the country. In such a situation, it is expected that the government can open its treasury to the public in the budget. It is expected that in this budget of the election season, Modi government can announce many big announcements and schemes for the farmers and women of the country.
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