The session will be inaugurated by President Droupadi Murmu, who will address a joint sitting of both the Lok Sabha and Rajya Sabha on January 31. This will be followed by the tabling of the Economic Survey. Traditionally, the initial phase of the session includes debates on the Motion of Thanks for the President’s address, culminating with the Prime Minister’s response in both Houses.
In alignment with past practices, the Finance Minister’s Budget speech is anticipated at 11 a.m. on February 1. While this timeline aligns with previous years, the Finance Ministry has yet to issue an official confirmation.
In an unusual move, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain operational on February 1, 2025, despite it being a Saturday. In a circular, the exchanges stated: “On account of the presentation of the Union Budget, the Exchange shall conduct a live trading session on February 1, 2025.” Generally, Indian stock markets remain closed on weekends.
The second phase of the session is expected to commence in the second week of March and conclude in the first week of April, with tentative dates spanning from March 10 to April 4, according to senior officials.
This session is poised to play a crucial role in shaping India's economic and legislative framework for the upcoming fiscal year
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