Tharoor said people have incurred losses after their money which was invested in LIC, SBI was put by the government "in its friend's account".
In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
'There is a time for lowering one's expectations of the economy -- and therefore not trying to do too much in the Budget,' notes T N Ninan.
Former Prime Minister Indira Gandhi was the first and only women till now to have presented the Union Budget.
Parliament will now meet on March 8 for the second part of the Budget session.
The budget is "farmer friendly, common citizen friendly, business environment friendly" and will add to 'ease of living' and 'ease of doing business', Modi added.
'Milking poorly performing or easily marketable assets is the way to deliver more money for key programmes,' says T N Ninan.
On Monday, a new chapter will be written in Ayodhya's and the country's history with the consecration ceremony at the newly-built Ram temple which will be attended by Prime Minister Narendra Modi and over 7,000 guests.
Noting that the new trains will connect the culture of Telangana and AP, Modi said Vande Bharat symbolises new India's resolution and capabilities.
According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
Rajasthan Chief Minister Ashok Gehlot is determined to implement the Eastern Rajasthan Canal Project despite the Centre's indifference.
As per practice a vote-on-account or approval for essential government spending for a limited period is taken in the election year and a full-fledged budget presented by the new government.
Participating in the debate on the budget, leaders of parties like the Congress, Bahujan Samaj Party, Aam Aadmi Party and Left launched an all-out attack on the BJP government for allegedly selling off the country's assets and PSUs to big industrialists.
The first part of the Budget Session of Parliament is likely to end on February 13 instead of February 15, sources said on Friday, underling that the total number of working days would however remain the same.
The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh have put the ruling party under pressure to announce swift measures aimed at addressing rural distress and lack of employment.
Citing the examples of Kashi Vishwanath temple, Ujjain and Ayodhya, where major reconstruction works have been carried out in recent years, Modi attributed the "years of neglect" to a "slave mentality".
The first two days of the session will be devoted to swearing-in of the newly elected MPs while the Lok Sabha speaker will be elected on June 19.
Union Road Transport and Highways Minister Nitin Gadkari on Monday said the country needs 1,000 vehicle scrapping centres and 400 automated fitness test centres. Launching 'DigiELV', Gadkari said the road ministry has so far approved 85 vehicle scrapping facilities across the country. "We need 1,000 vehicle scrapping centres in the country and at least 400 automated fitness test centres," he said.
Farmers protesting at various sites on the border of Delhi on Monday unequivocally said they are only concerned about their common goal of having the three farm laws repealed, and what has been offered to the agriculture sector in the Union budget did not matter.
The Upper House was earlier adjourned twice in the afternoon session when it took up the discussion on the Budget after Prime Minister Narendra Modi finished his speech on the motion of thanks on the President's address and the motion was passed.
Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.
'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'
"Of the structural reforms, the GST has been the most historic in our country. Its chief architect is not with us today. I pay homage to the visionary leader late Arun Jaitely. GST has been gradually maturing into a tax that has integrated the country economically," she said during her budget speech.
The numbers become all the more important because actual tax collections fell short by Rs 1.91 trillion compared to what was projected in 2018-19. Besides, the Budget for FY20 did not give actual figures for 2018-19, but the revised numbers given in the interim Budget.
Whether this remains under control in the coming months will depend on the future intensity and spread of the Russia-Ukraine war, and the effectiveness of the Indian government's response, points out A K Bhattacharya.
Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.
'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'
He asked to focus on the 'vocal for local' mantra during the 'Azadi ka Amrit Mahotsav' celebrations.
When Nirmala Sitharaman announced her new privatisation policy, there were serious doubts if the move had the BJP's full political backing. All those doubts were dispelled when her initiatives were endorsed by Modi in Parliament, observes A K Bhattacharya.
'My protest was in the interest of the nation.' 'I am just doing my duty as a citizen of this country.'
Will Finance Minister Arun Jaitley live up to the expectations of India Inc and individual taxpayers? Watch all the action here live from Parliament.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
Amid a war between Russia and Ukraine, Prime Minister Narendra Modi on Thursday said India's several needs are connected to the involved countries but it is on the side of peace and hopes that all problems get resolved through dialogue.
Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
When a strong executive decides it wants something, even something that is dangerous and unconstitutional, there is little resistance from within to stop it, notes Aakar Patel.
While Modi had a party and an organisation that supported him, all Mulayam, a self-made man with no inheritance in politics, had was a set of (fairly flexible) beliefs.
This is the first time that the House is meeting after the BJP's overwhelming victory in the recent series of assembly elections held in February-March.
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