The sources also said that the Budget session of Parliament is likely to start from March 12.
Union Home Minister Amit Shah criticised the Congress party for its alleged inaction in addressing Maoist violence during its long rule, while highlighting the Modi government's success in nearly eradicating Maoists from Bastar, Chhattisgarh.
'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'
The Union finance ministry has kicked off the exercise for preparation of the Union Budget for the fiscal year 2012-13 and has asked all ministries to rush proposals by October 31 for inclusion in the second supplementary budget for 2011-12 to be presented in the winter session of Parliament.
Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.
Union Minister Kiren Rijiju has accused Congress MPs of abusing Lok Sabha Speaker Om Birla in his chamber, alleging that senior Congress leaders were present and encouraging the behavior. The accusation follows days of disruptions in the Lok Sabha over Rahul Gandhi's attempt to discuss excerpts from a former Army chief's unpublished memoir.
Congress leader Rahul Gandhi has accused Prime Minister Narendra Modi of being 'anti-farmer' and 'selling' the country through the India-US interim trade deal, vowing to stand strongly with farmers.
TMC leader Abhishek Banerjee challenges Amit Shah to a debate on governance, accusing the BJP of political manipulation and misrepresenting West Bengal's financial situation. He also criticised the BJP's record on women's safety and alleged the Centre was withholding funds from West Bengal.
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'
Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.
The Lok Sabha is set to debate a motion seeking the removal of Speaker Om Birla, a rare event where he will be seated among members as the House considers allegations of partisan conduct.
The Lok Sabha Secretariat defends Speaker Om Birla's concerns regarding Prime Minister Narendra Modi's safety amidst opposition protests and disruptions in the House.
The Congress party has accused the government of stifling opposition voices in the Lok Sabha, alleging that opposition leaders are not being allowed to express their views while the government side faces no such restrictions.
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
Union Minister Kiren Rijiju criticizes the behavior of opposition MPs in the Lok Sabha, alleging disruptive conduct and disrespect towards the Prime Minister and the House's dignity.
Rahul Gandhi claims the Indo-US trade deal will compromise the data security of 1.5 billion Indians, alleging Prime Minister Modi is surrendering India's data resources to the US. He warns of potential job losses in the IT sector due to AI and the importance of controlling India's data pool.
Finance Minister Pranab Mukherjee presented the Union Budget for 2012-13 on Friday.
Nagaland Governor Ajay Kumar Bhalla announced the state government's plans to form an interim council for the Frontier Nagaland Territorial Authority (FNTA) and highlighted key achievements and future priorities across various sectors during the Budget Session.
President Droupadi Murmu addressed Parliament, urging unity on national issues like 'Viksit Bharat', swadeshi, and national security. She highlighted government initiatives and the nation's progress.
The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.
The Budget Session will be held from January 29 to April 6.
India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.
Finance Minister Pranab Mukherjee presented the Union Budget 2010-11 in parliament on Friday.
The government has also listed three new bills for the session -- 'The Protection of Interests in Aircraft Objects Bill, 'Tribhuvan Sahkari University Bill', and the 'Immigration and Foreigners Bill'.
According to the sources in the government, Union Budget 2012-2013 is likely to be presented in Parliament on March 19, 2012.
Finance Minister Arun Jaitley presented his first Budget on Thursday.
The main responsibility for producing the Budget rests with the Budget Division of the Department of Economic Affairs in the finance ministry
The Union Budget delayed because of elections in five states will now be presented on March 16, four days after Parliament will begin its Budget session.
The government may provide for targeted fiscal incentives and allocation of funds for promotion of green hydrogen in the country in Union Budget 2022-23, which is slated to be unveiled in Parliament on Tuesday. The government launched National Hydrogen Mission in 2021. Earlier this month, Power and New & Renewable Energy Minister R K Singh had indicated that a green hydrogen policy will be unveiled in February which would feature many incentives to boost green hydrogen in the country. "While 2021 saw the launch of National Hydrogen Mission, it is likely that the Budget may provide for targeted fiscal incentives for R&D in green hydrogen segment, creation of domestic supply chain for hydrogen and reduce customs duties on electrolysers to boost green hydrogen production," says Venkatesh Raman Prasad, Partner, J Sagar Associates (JSA).
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.
As per established tradition, the finance minister met the President at the Rashtrapati Bhavan before heading to Parliament.
Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.
The Union Budget may be presented around the middle of March in view of the ongoing Assembly elections, Finance Minister Pranab Mukherjee indicated on Wednesday.
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
A brief Budget session of Parliament, the last of the 17th Lok Sabha, will be held between January 31 and February 9, Parliamentary Affairs Minister Pralhad Joshi said on Friday.
Standard deduction of 40% or Rs 30,000 whichever is less for salary till Rs 5 lakh, above Rs 5 lakh, 20,000.
The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.