Jaitley says budget session possible mid-Jul; date not finalised

New Delhi: Finance Minister Arun Jaitley today said the budget session of Parliament is likely to be convened in July, though the dates have not yet been finalised.

Speaking to reporters after taking charge of the finance ministry at North Block today, Jaitley said dates for the session will be finalised.

The new National Democratic Alliance government will have to present its first full year Budget in July as the Vote on Account passed in the interim Budget in February by the previous government will expire in July.

Asked if the Union Cabinet will be meeting for the first time today evening, Jaitley said, “The official information has not come. It has to, because there is some Andhra Pradesh decisions.

The Andhra reorganisation…things which have to be done by an appointed date.” In February, both Houses of Parliament had passed the Andhra Pradesh Reorganisation Bill to create the new state of Telangana, following which it has received Presidential assent in March.

The bifurcation of the state of Andhra Pradesh into Seemandhra and Telangana is scheduled to take place on Jun 2.

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