Budget Session likely to begin from Jan 31

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The 2017 Budget Session of Parliament is likely to begin from January 31, said reports. The government has been mulling advancing the Budget Session, which usually begins mid-February. This year’s session would be the first session after the merger of Railway and Union Budgets. Reports state that the Budget is likely to be presented on February 1. Budget Session likely to begin from Jan 31 The advancement of the session is aimed at making funds available for various schemes from the begining of the Financial Year, i.e. April 1. Popular Videos Agni IV ballistic missile successfully test fired in Odisha, Watch Video01:21 Agni IV ballistic missile successfully test fired in Odisha, Watch V.. Arun Jaitely says, India among fastest growing economies last year02:33 Arun Jaitely says, India among fastest growing economies last year Mulayam Singh matters to me more than Samajwadi Party: Amar Singh00:35 Mulayam Singh matters to me more than Samajwadi Party: Amar Singh The budget is usually presented in the end of February and is passed by both the Houses of Parliament only by mid-May. The 92-year-old practice of presenting a separate Rail Budget will end this year. The finance ministry had last year accepted Raiulway Minister Suresh Prabhu’s proposal of merging both the budgets. A five-member committee was constituted to look into the modalities of merger of both budgets.