The parliament will resume proceedings on Thursday with the Congress looking to target Prime Minister Narendra Modi for his jibe at predecessor Manmohan Singh, where he said the former PM showered with a raincoat on when multiple scams were happening around him .
Modi’s remarks in the Rajya Sabha on Wednesday were viewed as a riposte to comments from Singh, an economist-politician, that the NDA government’s demonetisation exercise was equivalent of “loot and plunder”.
4.19 PM: Lok Sabha adjourned till March 9, 11 am.
3.45 PM: After GST implementation, country will have better and efficient tax system: FM Jaitley in Lok Sabha
3.40 PM: We were a high-cash economy, which leads to tax evasion, corruption and a parallel economy. If you are a cashless society, crimes will still take place, but cash is the biggest facilitator of crime. Lakhs and crores of money returned to RBI post.
3.38 PM: After demonetisation, November and December were difficult months but indirect and direct tax collections increased in December 2016. Car sales have gone up, two-wheelers sales have declined: FM Arun Jaitley in Lok Sabha
3.35 PM: Expenditure on infrastructure is Rs 3,96,000 crore, Rs 1,00,000 crore allocated to railway safety fund: FM Jaitley
3:30 PM: The world is moving towards protectionism, this will affect India: Arun Jaitley
3:10 PM: Finance minister Arun Jaitley begins his address in the Lok Sabha on the Union Budget 2017-18.
2:10 PM: GDP is going to be hit by 1% and may be even 2%. Your budget is reflecting the same sentiment: P Chidambaram
2:00 PM: Demonitisation was a terrible mistake. After taking the decision, the government is now looking for new narratives everyday to defend it: P Chidambaram
1:30 PM: Nobody has ever called the Prime Minister a fascist or Hitler in the course of the debate. Although many of us do believe that he has those tendencies: Sitaram Yechury
1:15 PM: PM crossed the limits of decency. Had someone else said it, it would have been different. PM should not have said so, it was in bad taste: Sharad Yadav
1:00 PM: Prime Minister was not ready to listen to Sharad ji, Sitaram ji or even the Chair in Rajya Sabha: Ahmed Patel
12:30 PM: Congress stages walkout from Lok Sabha over Narendra Modi’s remark against Manmohan Singh.
12:15 PM: Rajya Sabha adjourned till 2 pm
11:26 AM: Rajya Sabha adjourned till 12 pm.
11:25 AM: AIADMK MPs also protesting in the well of the house in Rajya Sabha
11:20 AM: Uproar in Rajya Sabha over PM Modi’s speech.
11:15 AM: It is a matter of shame that the Prime Minister insulted memory of Indiraji by referring to some book, did not even place the book in the house:Anand Sharma of the Congress in Rajya Sabha
11:00 AM: Lok Sabha adjourned till 11.30 am after Opposition uproar