Budget Session HIGHLIGHTS: Sitharaman Replies To Discussion On Union Budget 2023 In Rajya Sabha
Parliament Session HIGHLIGHTS: Follow this space to get all the latest news on Parliament's Budget Session 2023 which is witnessing Opposition protests over demands to probe the Adani row.
India will not be borrowing if only there was a wider tax base. Rs 10.09 lakh cr loans written off in last five years, not waived off; borrowers continue to be liable: FM Sitharaman
We don’t make policies keeping one person in mind unlike an opposition leader claimed. We make policies keeping everyone in mind. We are not the party that supports ‘jeejas & bhatijas’. It is the culture of Congress: Nirmala Sitharaman
Total resources being transferred to states, that is, Central share from taxes & releases under centrally sponsored schemes put together is estimated to be at 17.98 Lakh Crores. This is higher by 1.55 Lakh crores compared to last year: FM Nirmala Sitharaman
Fertilizer subsidy raised to Rs 2.25 lakh crore for current fiscal, from Budget Estimate of Rs 1.05 lakh crore. Govt has insulated farmers from rising fertilizer prices in global markets by increasing subsidy: FM Sitharaman
FM counters Opposition allegations that food subsidy has been cut, says it has been almost doubled to Rs 1.97 lakh crore
If I can put in a few words the essence of budget 2023-24- it balances the requirement for India's development imperatives within the limits of fiscal prudence: FM Sitharaman, in Lok Sabha
The enhanced rebate in the new scheme is unconditional, it will greatly benefit income earners in the lower tax brackets as they have higher disposable income in their hands for meeting their essential expenditures... It's not always possible for a 9 lakh salary person to have 4.5 lakhs under exemption and then also be having enough money to spend on his family: FM Sitharaman.
Despite the challenges, the Indian economy is still the fastest growing major economy and shall continue to be so in 23-24: FM Sitharaman.
"The Budget was presented with the background that India was coming out of the pandemic and there was a path of recovery that we could distinctly observe not just by us but also by very many observers of the Indian economy. We also had the Russian-Ukraine war which commenced from 22 February and as as a result there were distinct inflationary pressures, particularly on the emerging markets," Nirmala Sithraman said.
"Also, the resurgence of Covid in China added a dimension which we couldn't have anticipated, so that led to a rise in International commodity prices also the vageries of weather extreme weather conditions triggered off food inflation not just in India but in very many other countries," he added.
Union Finance Minister Nirmala Sitharaman addresses Lok Sabha
Congress MP Adhir Ranjan Chaudhary raises the issue of the Hindenburg report on Adani Group and asks Nirmala Sitharaman to answer about the public bank investments into their business.
"The country's economy is at stake... SEBI, LIC officials are dancing to the tunes of the government. What evaluation have banks held in Adani group," he added, stressing for the demand to conduct a JPC probe into the matter of Adani Group.
Congress MP Adhir Ranjan Chowdhury says the Budget is a "testimony of the attitude of this government which is anti-farmer, anti-people, anti-labour, and anti-SC/ST/minority."
The West Bengal Congress chief accused the government of being anti-muslim.
"We don’t have any feeling of revenge for anyone. What Rahul Gandhi said in the speech wasn’t something he thought, but he has made his comments on the basis of the accusations & claims made by America-based Hindenburg research paper," Congress MP Adhir Ranjan Chowdhury said, as per ANI.
"According to the constitution’s article 105, we can keep our viewpoints in parliament unfiltered. It is sad that Rahul Gandhi’s views are being framed in such a wrong way. Rahul Gandhi doesn’t have any feeling of revenge against anyone," he added.
"I feel like this is a new parliament the Media is not allowed inside; the opposition can’t speak. I have a feeling that even the parliament will stop functioning," he added.
Congress & DMK MPs stage walked out from Lok Sabha in protest against the reply of the Union Health minister on Madurai AIIMS, ANI reported.
Every transgression from both sides will not go without my deep reflection: Rajya Sabha Chairman Jagdeep Dhankhar to MPs amid ruckus in the House
"The way Rahul Gandhi ji has been opposed, is there any danger in the life of Rahul Gandhi ji? I am afraid of the same. I will tell PM, sir, you are immersed in your ego. The one who has a lot of ego, his downfall is certain," Adhir Ranjan Chowdhury said.
Argument between Union Health Minister Dr Mandaviya & DMK MPs in Lok Sabha "I won't allow such medical colleges to operate where there is no adequate faculty & infrastructure. Work is underway on establishing AIIMS Madurai. Don’t make health an issue of politics," Health minister said, as per ANI.
Left MPs hold a protest in front of the Gandhi statue in Parliament demanding the implementation of the Supreme Court verdict on PF pension and to enhance the minimum pension to Rs 9,000 per month.
"PM Modi praised himself in the speech. He did not respond to our questions. He did not talk about unemployment, inflation, Adani, the falling value of rupee & other issues. He said that only he can save this country, this is arrogance": Congress President & Rajya Sabha LoP Mallikarjun Kharge said, as per ANI.
Finance Minister Nirmala Sitharaman to present her reply in Lok Sabha at 3 pm on Union Budget 2023 today.
(Reporter: Neeraj Pandey)
The government has told a parliamentary committee that it "may not be desirable" to set up a unified media council as each media platform was unique and distinctive in its own way with a self-regulatory mechanism, prompting the panel to make a fresh push for such a framework with statutory powers to enforce advisories.
The Parliamentary Standing Committee on Communications and Information Technology, chaired by Shiv Sena member Pratap Jadhav, had suggested to the Ministry of Information and Broadcasting to have a media council, contending that there were limitations in enforcement of advisories issued by the Press Council of India and News Broadcasting Standards Authority.
In an action-taken report on the subject 'Ethical Standards in Media Coverage', the committee said it had opined that the ministry should explore the possibility of establishing a media council encompassing print, electronic and digital media which should be equipped with statutory powers to enforce its orders where required.
The committee noted that the ministry had informed it that there were separate regulatory mechanisms for different media platforms.
"... Each platform is unique and distinctive in its own way and therefore unifying and merging them under one regulatory framework may not be desirable," the committee said, citing the submission made by the Ministry of Information and Broadcasting.
"However, in light of the rising need for inter-sectoral coordination due to emergence and convergence of new technologies, the committee would like to reiterate and recommend the ministry to explore the possibilities for having unified Media Commission/Body/Council with separate wings and regulatory mechanism for print/electronic/digital media," the committee said.
It said such a framework can have a holistic view of the media and ensure inter-media parity in handling the similar cases of unethical media coverage.
The committee pointed out that the Press Council of India too had sent a proposal to the ministry regarding the constitution of a media council encompassing various media platforms.
It recommended to the government to ensure that all private television channels were part of a self-regulatory body.
It noted that out of 926 private channels, 309 channels were members of Broadcasting Content Complaints Council, while 41 channels were members of News Broadcasters Federation - Professional News Broadcasting Standards Authority (NBF-PNBSA). It noted that 576 television channels were not members of any self regulating body. PTI
Union Finance Minister Nirmala Sitharaman is likely to present her reply in Lok Sabha around 6 pm on Union Budget 2023 today.
Background
Parliament Session HIGHLIGHTS: Hello and welcome to this ABP Live blog to find all the latest news on the Parliament's Budget Session 2023.
Union Finance Minister Nirmala Sitharaman is likely to present her reply in Lok Sabha around 6 pm on Union Budget 2023 today.
Meanwhile, in a blistering attack on the Gandhi family, Prime Minister Narendra Modi on Thursday asked why none of them use the Nehru surname despite the Congress launching over 600 schemes in the name of "Nehru and Gandhi". Responding to a debate on the Motion of Thanks on the President's address in Rajya Sabha, PM Modi accused the Congress of adopting only "tokenism" to solving problems the country faced.
"Some had problems with names of schemes of govt and Sanskrit words in the names. I read in a report that 600 government schemes were in the Gandhi-Nehru family's name. If Nehru was such a great person, why the family shies away from using 'Nehru' surname," PM Modi said in Rajya Sabha as Opposition members trooped in the Well of the House raising slogans of "Modi-Adani bhai-bhai".
Continuing his broadside against Congress, PM Modi said former prime minister Indira Gandhi "misused" Article 356 of Constitution 50 times to dismiss elected state governments.
"Which party and people in power misused Article 356? Elected govts were toppled 90 times. Who were those who did that? A Prime Minister used Article 356 fifty times and that name is Indira Gandhi. In Kerala, a Communist govt was elected which wasn't liked by Pandit Nehru and was toppled," the PM said.
Parliamentary Affairs Minister Pralhad Joshi on Wednesday demanded that action be taken against Congress leader Rahul Gandhi for his certain “objectionable” comments made in Lok Sabha, and that they be expunged from the records.
Certain remarks of Gandhi made in the House on Tuesday have already been expunged from the records.
As soon as the House met for the day, Joshi raised the issue saying that under Parliamentary rules one should serve a notice beforehand if he or she wants to make allegations against anyone.
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