According to Union Minister of Parliamentary Affairs Pralhad Joshi, the Parliamentary Budget Session will begin on January 31 and go till April 6. Due to several interruptions, the winter session was shortened last month.

“The Parliament’s 2023 Budget Session will have 27 sittings spanning over 66 days beginning on January 31 and concluding on April 6, with the customary vacation in between.

In the midst of Amrit Kaal, anticipating debates on the Motion of Thanks on the President’s Address, the Union Budget, and other matters, “the tweet from the Union Minister stated. But from February 14 to March 12 there will be a hiatus.

“The hiatus will be from February 14 through March 12, 2023, during the Budget Session, to allow the department-related Parliamentary Standing Committees to study the Demands for Grants and provide reports about respective Ministries/Departments,” he continued. The opposition claimed that they were prevented from speaking about the conflict between Indian and Chinese forces on December 9 along the Line of Actual Control (LAC) in Tawang, Arunachal Pradesh, during the winter session of Parliament. Multiple interruptions were the result of this.

The Budget Session will take place as the world struggles to recover from the repercussions of the Ukraine War, which has driven up the price of necessities throughout the world. Additionally, the World Bank and the International Monetary Fund (IMF) have issued recessionary warnings for 2023.

According to statistics issued by the National Statistical Office (NSO) on Thursday, moderate food prices in India helped push retail inflation to a 12-month low of 5.7% in December. The quarter ending in December 2022 was the fourth in a row that the CPI remained over the 6% threshold. As previously reported by HT, the RBI’s Monetary Policy Committee (MPC) meeting in February is still a significant occasion in the economic calendar. Between February 6 and February 8, the following policy statement is due.