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Budget Economic Survey 2021 LIVE Updates: With Parliament’s Budget session all set to kickoff, Finance Minister Nirmala Sitharaman will table the Economic Survey 2020-21 on Friday amid massive uproar by the Opposition parties over host of issues including the ongoing farmers’ protest, recession, job losses, government’s handling of Covid-19 crisis and others.
Generally the Economic Survey is presented a day before Union Budget, but this year as the Budget will be presented on February 1 (Monday – following a weeked), the survey is being presented earlier than usual.
The Economic Survey is a detailed report of state of economy in the last financial year which is prepared by the Economic Division of the Department of Economic Affairs (DEA) under the guidance of the Chief Economic Adviser. The entire Budget session will be held in two parts – January 29 to February 15 and March 8 to April 8 and will have a total of 33 sittings.
Post President’s address, the Economic Survey will be presented by Finance Minister Nirmala Sitharaman in the Parliament. As the Budget session has gone paperless this year, all the documents of Economic Survey will be made available soon the official copies are presented on the Table of the House. The copy of the Economic Survey can be downloaded from www.indiabudget.gov.in.
This is also the first time when the members of both the Houses will be seated in three different locations – chambers of both houses and the Central Hall. This session will be held as per COVID-19 protocols, with Rajya Sabha and Lok Sabha meeting in shifts of five hours each — with the upper house meeting from 9 AM to 2 PM and the lower house in the evening from 3 PM to 8 PM.
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