Business

Budget passed without discussion in LS as protests continue

Budget passed without discussion in LS as protests continue

TIL Desk/Business/New Delhi/ The government on Wednesday got the Budget for fiscal year beginning April 1 passed in Lok Sabha without discussion by applying the guillotine process as the Opposition paralysed the functioning for the eighth day.

Finance Minister Arun Jaitley moved the Finance Bill 2018, which contains taxation proposals of his fifth and final budget, as well as the appropriation bill that details spendings in various departments, amid din created by slogan-shouting opposition. The bills were passed by voice vote.

Ruling BJP-led NDA has an absolute majority in the Lower House of Parliament.The appropriation bill was approved after a guillotine was applied which essentially means that all outstanding demands for grants from various departments are put to vote at once whether they are discussed or not.

With the passage of the Finance Bill and the Appropriation Bill, the budget exercise is complete in the lower house. Technically, the two Bills also have to go to Rajya Sabha but since they are money bill they would be considered approved if the Upper House of Parliament does not return them within 14 days. The Opposition has an upper hand in the Rajya Sabha.

Leave a Reply

Your email address will not be published. Required fields are marked *