Budget Session / Union Minister Rijiju to Chair All-Party Meeting Ahead of Budget Session
·2 months ago·2 min read
Key Points
- Union Minister Kiren Rijiju will convene an all-party meeting at 11 am on Tuesday to discuss national issues and legislative business.
- The Budget Session begins January 28, with President Murmu's address and Finance Minister presenting the Union Budget on February 1.
- Session will be held in two phases (Jan 28–Feb 13 and Mar 9–Apr 2), totalling 30 sittings.
New Delhi, Jan 27: Union Parliamentary Affairs Minister Kiren Rijiju will convene an all-party meeting at 11 am on Tuesday to discuss key national issues and legislative business ahead of the Budget Session of Parliament.
The meeting will be held in the main committee room and is aimed at ensuring smooth conduct of legislative work during the session, which will begin on January 28 and continue until April 2.
The Budget Session will be held in two phases. The first phase will run from January 28 to February 13, while the second phase is scheduled from March 9 to April 2. The session will have 30 sittings in total.
President Droupadi Murmu will formally open the session by addressing members of both the Lok Sabha and the Rajya Sabha.
The Union Budget for 2026–27 will be presented on February 1.
Ahead of the session, the Ministry of Finance highlighted previously announced customs duty measures, particularly those aimed at boosting domestic manufacturing in the electronics sector.
In earlier Budget announcements, the government raised the Basic Customs Duty (BCD) on flat panel displays to 20 per cent to correct an inverted duty structure and support local production. At the same time, the BCD on open cells and key components was reduced to 5 per cent.
“In line with our ‘Make in India’ policy, and to rectify inverted duty structure, I propose to increase the BCD on Interactive Flat Panel Display from 10 per cent to 20 per cent and reduce the BCD to 5 per cent on open cells and other components,” the Finance Minister had said in a post on social media platform X.
Also Read: Parents of Gangster Goldy Brar Arrested in Punjab Extortion Case
The ministry also said the BCD on parts used in the manufacture of open cells for LCD and LED televisions has now been fully exempted, building on earlier reductions.
The all-party meeting on January 27 is expected to help set the agenda and facilitate consensus to ensure smooth proceedings during the forthcoming Budget Session of Parliament.
The meeting will be held in the main committee room and is aimed at ensuring smooth conduct of legislative work during the session, which will begin on January 28 and continue until April 2.
The Budget Session will be held in two phases. The first phase will run from January 28 to February 13, while the second phase is scheduled from March 9 to April 2. The session will have 30 sittings in total.
President Droupadi Murmu will formally open the session by addressing members of both the Lok Sabha and the Rajya Sabha.
The Union Budget for 2026–27 will be presented on February 1.
Ahead of the session, the Ministry of Finance highlighted previously announced customs duty measures, particularly those aimed at boosting domestic manufacturing in the electronics sector.
In earlier Budget announcements, the government raised the Basic Customs Duty (BCD) on flat panel displays to 20 per cent to correct an inverted duty structure and support local production. At the same time, the BCD on open cells and key components was reduced to 5 per cent.
“In line with our ‘Make in India’ policy, and to rectify inverted duty structure, I propose to increase the BCD on Interactive Flat Panel Display from 10 per cent to 20 per cent and reduce the BCD to 5 per cent on open cells and other components,” the Finance Minister had said in a post on social media platform X.
Also Read: Parents of Gangster Goldy Brar Arrested in Punjab Extortion Case
The ministry also said the BCD on parts used in the manufacture of open cells for LCD and LED televisions has now been fully exempted, building on earlier reductions.
The all-party meeting on January 27 is expected to help set the agenda and facilitate consensus to ensure smooth proceedings during the forthcoming Budget Session of Parliament.
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