The main focus of the session will be the transaction of the General and Railway budgets but the government is also keen to get passed a number of key reforms measures including the contentious GST and Real Estate Bills.
Sources said that the session is likely to begin on February 23. Usually, the budget session begins in the third week of February and concludes early May. There is a recess in between when the budgetary demands for grants are discussed in the committees.
The General Budget is expected to be presented in the Lok Sabha on Feb 29, the last day of February, as is the practice traditionally.
Meanwhile the process for the Assembly elections in West Bengal, Tamil Nadu, Kerala, Assam and Puducherry, where the tenure of the Assemblies is set to end in May-June, will begin in the midst of the session and that could raise questions about the number of sittings. A curtailment may be necessary to accommodate campaign by leaders during the elections.
Against the backdrop of near washout of the previous sessions, Finance Minister Arun Jaitley today expressed the hope that Congress will “see reason” and help in passage of GST legislation, which is stuck in the Rajya Sabha during the coming session.
“It (GST) is the important reform of UPA. If I had to credit the authorship of it, I have to give credit to them.
Now, If the author turns against his own script, what do I make… I have reached out (and) I have spoken to them. I have explained to them and I hope they will see reason… (and) see the rationale behind passing GST,” he said speaking at a public function here.
PTI