New Delhi: The next union Budget will be presented by finance minister Nirmala Sitharaman on July 5, during the first sitting of the 17th Lok Sabha which will begin on June 17, 2019.
According to a government release, the summoning of the new Lok Sabha will start in a little over two weeks and will likely conclude on July 26.
President Ram Nath Kovind will be requested to address both the Houses of Parliament assembled together in the Central Hall of Parliament on June 20 (Thursday), in term of article 87(1) of the Constitution, the official statement said.
The Rajya Sabha, India’s upper parliamentary house, will convene on June 20.
Due to the Lok Sabha elections, the Narendra Modi government presented an interim budget earlier this year, which announced measures to provide relief to India’s farmers and agriculture sector.
This time, with a full budget, the Economic Survey will tabled by July 4.
This will be the first survey, which usually a comprehensive assessment of India’s economy prepared by chief economic advisor, by Krishnamurthy Subramanian, who was appointed by the government late last year.
According to agency reports, the new Lok Sabha will have a total of 30 sittings during its first parliamentary session.
(With inputs from PTI)