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HindustanTimes Wed,17 Sep 2014
Budget session set to be stormy though Shinde row defused
PTI
New Delhi, February 21, 2013
First Published: 10:03 IST(21/2/2013)
Last Updated: 10:58 IST(21/2/2013)

The Budget Session of Parliament beginning on Thursday looks set to be stormy with Opposition vowing to strongly raise issues like corruption and  inflation even though government expressed readiness to discuss all issues and order any kind of probe into the chopper scam.

However, a possible confrontation between government and BJP over home minister Sushil Kumar Shinde's "Hindu terror" remark was averted on the eve of the session as he expressed regret and the main opposition welcomed it.

Leader of the Opposition Sushma Swaraj had demanded that Shinde withdraw his comments and tender an apology, failing which the party would boycott him.

The three-month long session will begin with the customary address by President Pranab Mukherjee to the joint sitting of the Lok Sabha and the Rajya Sabha.

The session has a heavy legislative agenda, including getting Parliament nod to three ordinances, introduction of as many as 16 bills, consideration and passage of 35 bills.

The Railway Budget will be presented on February 26, the Economic Survey the next day and the General Budget on February 28.

NDA, which held a strategy session in New Delhi last evening, said it wanted Parliament to function smoothly and would make all efforts in this regard.

However, it said there were lot of "challenges" before it which needed to be raised in Parliament with "full strength".

NDA convenor Sharad Yadav listed these issues as the helicopter scam, other corruption cases, inflation, farmers plight due to drought in Maharashtra and hailstorm in Madhya Pradesh and ordinance on stronger anti-rape laws.

The main opposition's aggressive posturing came even after Prime Minister Manmohan Singh and other ministers said the government was ready for discussion on any issue and hoped all parties will join hands to find productive, constructive solutions to the formidable challenges facing the nation.

On the helicopter scam which the NDA would be raising on Friday, the government said it is ready for any kind of probe.

With an aim of ensuring a smooth sail of the Budget session, Lok Sabha speaker Meira Kumar held a meeting with leaders of all political parties on Wednesday.

After the meeting, the Prime Minister said he hoped that all political parties will join hands to find productive, constructive solutions to the formidable challenges facing the nation.

"Parliament is the forum for discussions or dialogue and all parties have an obligation to ensure that parliament runs smoothly. I am hopeful and confident that this session is going to be a fruitful session," he told reporters.

Noting that all parties have an obligation to ensure that Parliament runs smoothly, Singh said, "I am hopeful and confident that this is going to be a fruitful session."

Swaraj said parties want discussion on several issues including VVIP chopper scam, Indo-Pak ties in the backdrop of beheading of two Indian soldiers, situation in Maldives, attempts by China to encircle India, severe drought in Maharashtra and plight of farmers due to hailstorm in Madhya
Pradesh as also the burden of rising prices on the common man.

Hours later, NDA convenor Sharad Yadav said, "There are several challenges facing the country. The helicopter scam will certainly be raised. Some other scams were left halfway. We will try to raise them too."

On the controversial chopper deal, parliamentary affairs minister Kamal Nath said the government is willing for any type of inquiry for which there was a political consensus.

"I have told all political parties that the government is willing to have any type of inquiry for which there is political consensus on the helicopter issue because this is not just an issue concerning corruption. This is an investigation carried out overseas which is a slur on India," Nath said.


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Highlights: Budget 2013  »

  • Expect higher revenue next year: Chidambaram
  • Unclear what the expense on food subsidies be at this stage: Chidambaram
  • Fuel subsidy likely to be lower this year: Chidambaram
  • Immediate goal is to achieve growth rate of 6%: Chidambaram
  • We have to be patient and wait for the economy to pick up: Chidambaram
  • We have not put impossible burdens on people: Chidambaram
  • The only way to contain current account deficit is to increase exports: Chidambaram
  • Confident that RBI will do it's part: Chidambaram
  • Economy is challenged in a number of ways: Chidambaram
  • This is a lollypop election budget: CPI leader Gurudas Dasgupta
  • Budget has ignored SC/ST: Mayawati
  • Budget will only benefit industrialists, not common man: Mayawati
  • Budget will give impetus to Bihar's demand for special status: Nitish Kumar
  • FM has taken important steps to reverse pessimistic mood with regard to our economy: PM
  • There is need to convert challenges into opportunities: PM
  • The Finance Minister has done a commendable job: PM
  • Direct Benefit Transfer scheme to be rolled out
  • Ships and vessels exempted from excise duty
  • Direct tax code to be introduced in budget session of the Parliament
  • Set-top box import duty hiked
  • Gold duty limit raised to Rs. 50,000 for men; Rs. 1 lakh for women
  • 100% customs duty on luxury cars
  • Increase in import duty on high end bikes from 75% to 100%
  • 6% duty on mobile phones worth more than Rs. 2000
  • Excise duty on cigarette, cigar and cheeroot increased by 18%
  • Import duty on raw silk hiked to 15%
  • Luxury imported items to cost more
  • Donations to National Children's fund will be eligible for 100% tax deduction
  • No plans to revise direct taxes
  • No change in customs and excise duty
  • Tax credit of Rs. 2000 for those with income upto Rs. 5 lakh
  • Education cess at 3%
  • donations to be tax free
  • Surcharge of 10% on individuals, companies whose income is above Rs. 1 crore per year
  • No revision in tax slabs
  • Planned expenditure to be 33% of total expenditure
  • Rs. 1,000 crore allocated to women safety fund
  • Defence budget allocation increased to Rs. 2 lakh crore
  • Insurance and pension funds can now directly invest in debt funds
  • Domestic workers, Anganwadi workers, others to get group insurance
  • 13 public sector banks to get Rs. 14,000 crore
  • Propose to provide Rs. 14,000 cr for capital infusion in public sector banks
  • Inflation indexed bonds and NSCs to be introduced
  • JNNURM is being continued in the 12th Plan; Rs. 14,873 cr to be provided to the Mission
  • Rs. 33,000 crore to be allocated to MNREGA
  • Rs. 6000 crore for rural housing fund, Rs. 2000 cr for urban housing fund
  • Two new ports to be built in West Bengal and Andhra Pradesh
  • All towns having population of 10,000 to get LIC office
  • Rashtriya Swasthya Bima Yojna to be extended to rickshaw pullers and rag pickers
  • List of eligible securities will be enlarged: Chidambaram
  • SEBI to simplify procedures for entry of foreign portfolio investors in India: Chidambaram
  • India's first all-women public sector bank to be set up
  • All public sector bank branches to have ATMs
  • Focus on modernisation of powerloom sector
  • Propose to continue with the technology upgradation, funds scheme for textile sector: Chidambaram
  • Rs. 1650 cr allocated for AIIMS like institutes
  • Natural gas pricing policy will be reviewed: Chidambaram
  • Person taking home loan for the first time to get tax cut of Rs. 1 lakh
  • Regulatory authority to be set up for road sector
  • Rs. 17,700 crore to be allocated for Integrated Child Development Scheme
  • Rs. 5000 cr allocated to NABARD
  • Income level of Rajiv Gandhi equity schemes increased by Rs. 2 lakh
  • Rs. 80, 194 crore allocated for rural development: Chidambaram
  • Rs. 25,000 cr to be raised through tax free bonds: Chidambaram
  • Rs. 10,000 crore for food security bill promised by UPA: Chidambaram
  • Infrastructure debt fund to be encouraged: Chidambaram
  • Rs. 37,330 cr allocated to ministry of health and family welfare: Chidambaram
  • Rs. 41,000 allocated for scheduled caste welfare: Chidambaram
  • Rs. 27,49 cr to be allocated to the agriculture ministry: Chidambaram
  • Plan expenditure in 12th Five Year Plan revised to Rs. 14,30,825 cr or 96% of budgeted expenditure
  • Scholarships for students from SC/ST, minority communities: Chidambaram
  • Rs. 110 cr to be allocated to department of disability: Chidambaram
  • Increased allocation for safe drinking water and sanitation: Chidambaram
  • Increased allocation for mid-day meal schemes: Chidambaram
  • Rs. 65,000 cr allocation for education schemes: Chidambaram
  • Rs. 110 cr to be allocated to department of disability: Chidambaram
  • Need $ 75 billion to bridge current account deficit: Chidambaram
  • 2013-14 budget has sub-plans for SC, ST, youth and women: Chidambaram
  • Foreign investment imperative for growth: Chidambaram
  • Our economy has slowed down after 2010: Chidambaram
  • No choice but to cut spendings to control inflation: Chidambaram
  • China and Indonesia are growing faster than India: Chidambaram
  • Getting back to 8% growth is a challenge for country: Chidambaram
  • Our goal is higher growth: Chidambaram
  • Between 2004-2008 and again in 2009-10, 2010-11 the growth rate was over 8%: Chidambaram
  • P Chidambaram begins budget address in Lok Sabha
  • Cabinet endorses Union Budget 2013-14, to be presented in Parliament shortly.
  • Finance minister P Chidambaram reaches North Block.
  • Chidambaram set to present India's 82nd national budget.
  • Today's Union Budget will be Chidambaram's eighth personal exercise.
  • It's two short of the record of 10 set by former PM Morarji Desai.
  • Since Independence, the country has seen a total of 25 ministers hold the finance portfolio.
  • India has also seen budgets - 65 normal annual budgets, 12 interim budgets and four mini-budgets.
  • Morarji Desai presented eight normal and two interim budgets.
  • Thursday will see Chidambaram equal the eight-budget track record of Pranab Mukherjee.
  • Chidambaram will surpass Yashwant Sinha, YB Chavan and CD Deshmukh who all presented seven budgets each.
  • PM Manmohan Singh and TT Krishnamachari have presented six budgets each.
  • Jawaharlal Nehru, Indira Gandhi, Rajiv Gandhi have presented one budget each.
  • Sensex closed up more than half a percent a day before the union budget 2013-14
  • It will be the eighth such personal exercise for him
  • Chidambaram set to present India's 82nd national budget in Lok Sabha

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