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Rajya Sabha returns Finance Bill 2021, completing Par approval for Budget

The Rajya Sabha on Wednesday returned the Finance Bill 2021 without any new amendment

With the central bank halting monetary easing since mid-2020, citing high inflation, the onus is on Sitharaman to loosen the budget despite having meager resources to work with.

Parliament building | File photo

Press Trust of India New Delhi

The Rajya Sabha on Wednesday returned the Finance Bill 2021 without any new amendment, completing the Parliamentary approval for Budget 2021-22.

The Upper House debated the amended Finance Bill 2021 that was approved by the Lok Sabha on Tuesday.

It returned the bill after Finance Minister Nirmala Sitharaman had to curtail her reply to the discussion on the legislation after a verbal spat with TMC members over implementation of central schemes such as PM Kisan Yojana and Ayushman Bharat in West Bengal.

While Sitharaman said the state government had not given names of farmers for giving cash help under the PM Kisan Yojana, TMC members countered saying the state had given the nod for the scheme and the minister was not speaking the truth.

 

The two houses had previously approved the Appropriation Bill, authorising spending of certain sum of money.

With the Rajya Sabha returning the Finance Bill 2021, the Parliamentary approval for Budget 2021-21 has been completed.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 24 2021 | 6:13 PM IST

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