What is the duration of the budget session in one year?

Key Points

• The budget session in India typically runs from February to May.
• The session is divided into two parts: the first part extends from the last week of February to early March, and the second part usually starts in the second week of March and concludes by the end of April or early May.
• During this session, the budget for the upcoming financial year is presented and discussed in Parliament.
• Both houses of Parliament, the Lok Sabha and the Rajya Sabha, participate in these discussions to finalize the budget.
• This session is crucial as it lays down the financial roadmap for the country, addressing various sectors such as healthcare, education, defense, and infrastructure.
• It also includes the presentation of the Economic Survey, which reviews the economic development of the country over the past year.

Additional Information

• The budget session is one of the three sessions of Parliament, the other two being the Monsoon session and the Winter session.
• The Union Budget is presented by the Finance Minister in the Lok Sabha.
• The budget includes the government's revenue and expenditure for the financial year, which starts on April 1 and ends on March 31 of the following year.
• The budget session is crucial for the functioning of the government as it ensures the allocation of funds for various ministries and departments.
• In addition to the budget, other legislative business is also conducted during this session, including the introduction and passage of bills.