NEW DELHI: Parliament Budget Session 2025: Prime Minister Narendra Modi is addressing the media today, kicking off the Parliament Budget Session 2025. This session will happen in two parts: the first part will run from January 31 to February 13, and then after a short break, the second part will start on March 10 and wrap up on April 4.
At the beginning of his speech, Prime Minister Modi highlighted the growing stature of India on the global stage, noting that India has firmly set up itself in international affairs. "I pray, Maa Lakshmi continues to bless our country's poor and middle-class. It is a matter of great pride that India completed 75 years as a democratic nation.
The Budget Session of Parliament starts today, beginning with President Droupadi Murmu’s address to both Houses at 11 am.
Following her speech, Finance Minister Nirmala Sitharaman will present the Economic Survey in the Lok Sabha at noon. It will then be tabled in the Rajya Sabha at 2 pm. This annual report, prepared by the Department of Economic Affairs under the Chief Economic Adviser’s guidance, reviews the country’s economic performance in 2024-25 and gives projections for the coming year.
Several important bills are lined up for this session. Among them is the Banking Laws (Amendment) Bill, 2024, aimed at strengthening banking regulations, and the Railways (Amendment) Bill, 2024, which focuses on improving railway operations.
The Disaster Management (Amendment) Bill, 2024 seeks to enhance disaster response mechanisms, while two other bills—the Waqf (Amendment) Bill, 2024, and the Mussalman Wakf (Repeal) Bill, 2024, aim to reform religious endowment management.
Other key bills include:
The highly exxpectedpart of the session will be the presentation of the Finance Bill, 2025, which lays out tax reforms and budgetary policies for the upcoming year.
Other important legislative discussions include:
The session will also focus on financial matters, with discussions and voting on Demands for Grants for 2025-26, which allocate government spending for infrastructure, defense, healthcare, education, and welfare. In addition, Parliament will review Supplementary Demands for Grants for 2024-25 and Demands for Excess Grants for 2021-22 (which cover extra government spending beyond previous approvals).
The first phase of the session will run until February 13. After a break, Parliament will reconvene on March 10, and the session is expected to conclude on April 4.
At an all-party meeting held on Thursday, Parliamentary Affairs Minister Kiren Rijiju confirmed that 16 legislative items and three financial matters are on the agenda, and the government is open to addressing other pressing issues as they arise.
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