Budget session LIVE updates: Congress protests against Anurag Thakur in LS

Budget 2020 Live: Finance Minister Nirmala Sitharaman today presented the annual Union Budget 2020-21 in Parliament. Follow Business Standard for LIVE updates

2:27 PM

Dear FM, don't be scared of my questions, youth want jobs: Rahul Gandhi

Rahul Gandhi said Union Finance Minister Nirmala Sitharaman should not be afraid of answering questions raised by him on behalf of the youth, to whom the government is answerable.

 

"Finance Minister, don't be scared of my questions. I am asking these questions on behalf of the youth of the country, to answer whom is your responsibility," Gandhi said in a tweet in Hindi.

 

"The youth of the country want employment and your government has failed miserably to provide them the same," he said.

 

The Congress leader used the hashtag "JawaabDoMantriJi" to put across his point.

2:13 PM

Rajya Sabha adjourned till 3 pm after uproar by Opposition over CAA, NRC

1:51 PM

1:51 PM

Opposition stages walkout in Lok Sabha as BJP MP from Delhi Parvesh Verma speaks

Opposition stages walkout in Lok Sabha as BJP MP from Delhi Parvesh Verma speaks during a discussion on motion of thanks on the President's address.

1:49 PM

TMC moves 6 amendments to president's speech; question silence on J&K, CAA, economic slowdown

The TMC has moved amendments to the president's address delivered on Friday at the beginning of the budget session, raising questions on his "silence" on issues relating to CAA protests, economic slowdown and Kashmir clampdown.

 

The move has opened the doors of discussion on the Citizenship (Amendment) Act (CAA) in Parliament, which has witnessed nationwide protests. President Ram Nath Kovind on Friday hailed the CAA as "historic" in his address to the joint sitting of both houses of Parliament, prompting protests by some opposition members.

 

Trinamool Congress MP Derek O' Brien and Rajya Sabha chief whip Sukhendu Sekhar Ray have moved amendments on behalf of the party in Rajya Sabha pertaining to the "silence" of the president on the ongoing protest against the CAA and demanding that the speech include the proposed nationwide National Register of Citizens (NRC), and the National Population Register (NPR).

1:44 PM

NPAs of PSBs stands at Rs 7.27 trillion: Anurag Thakur in Lok Sabha

The government on Monday said the Non Performing Assets (NPAs) of Public Sector Banks (PSBs) stood at Rs 7.27 trillion as on September 30, 2019.

 

Union Minister of State for Finance Anurag Thakur also said in Lok Sabha that scheduled commercial banks and select financial institutions have reported frauds to the tune of Rs 1.13374 trillion in the first half of the current financial year.

 

Thakur said during Question Hour that as a result of transparent recognition of stressed assets as NPAs, gross NPAs of PSBs, as per RBI data on global operations, rose from Rs 2.79016 trillion as on March 31, 2015, to Rs 6.84732 trillion as on March 31, 2017 and Rs 8,95,601 crore as on March 31, 2018.

 

"As a result of Government's strategy of recognition, resolution, recapitalisation and reforms, have since declined by Rs 1.68305 trillion to Rs 7.27296 trillion as on September 30, 2019," he said.

1:00 PM

Congress members protest against Union minister Anurag Thakur in Lok Sabha

The Congress on Monday raised slogans against Union minister Anurag Thakur in Lok Sabha over his controversial remarks during a recent election rally in the national capital.

 

While Opposition members, mainly from the Congress, were protesting against the amended citizenship law, they raised their pitch whenever Thakur started replying to questions.

 

Thakur, who is the Minister of State for Finance and Corporate Affairs, had made some controversial remarks during a recent poll rally in the national capital.

 

Belligerent Congress members, who were in the Well, shouted slogans against the minister and asked 'Aapka goli kaha hai? (where is your bullet?)', an apparent reference to the minister's controversial remarks. Some members also shouted 'Goli maarna band karo (Stop shooting)'.

 

Whenever Thakur was responding to supplementaries during the Question Hour, the members began sloganeering against him.

 

During the election rally, Thakur had egged on the crowd to raise an incendiary slogan, "shoot the traitors", after he lashed out at anti-CAA (Citizenship Amendment Act) protestors.

12:57 PM

Common people of India are protesting to save the Constitution, but they are being fired at: Congress

Adhir Ranjan Chowdhury, Congress in Lok Sabha: Common people of India are protesting to save the Constitution, they are protesting while holding the constitution & singing the national anthem but they are being fired at. People of India are being killed mercilessly.

12:56 PM

Opposition MPs in Lok Sabha raise slogans of "Save the Constitution"

Opposition MPs in Lok Sabha raise slogans of "Save the Constitution. Save our India. No to CAA" as Question Hour is underway

11:48 AM

Opposition MPs raise 'Goli maarna band karo' slogans as MoS Finance Anurag Thakur speaks in Lok Sabha.

11:17 AM

Uproar in Lok Sabha as few opposition MPs shout "goli maarna bandh karo; desh ko todna bandh karo".

10:52 AM

Budget session LIVE: Congress MPs give Adjournment Motion Notice in Lok Sabha to reconsider CAA

Congress MPs Adhir Ranjan Chowdhury, Kodikunnil Suresh and Gaurav Gogoi have given Adjournment Motion Notice in Lok Sabha to "reconsider Citizenship Amendment Act after unrest in the country & to stop the process of National Register of Citizens & National Population Register".

10:48 AM

Budget session: Congress leaders give suspension of business notice in Rajya Sabha over "prevailing situation in the country due to CAA, NRC, NPR

Congress leaders Ghulam Nabi Azad and Anand Sharma have given the suspension of business notice under rule 267 in Rajya Sabha over "prevailing situation in the country due to proposed NPR-NRC following the Citizenship Amendment Act".

10:46 AM

Budget 2020: What it means for the social sector, explains Ashok Varma

The finance minister has attempted to maintain a delicate balance between remaining investment-friendly and yet driving consumption, within the overall constraints of maintaining the fiscal deficit target. This has led to unchanged or marginal increases in allocations to most schemes focusing on the social sector. Read on...

10:44 AM

There's no roadmap for economic recovery in Budget: Anand Sharma

Congress leader Anand Sharma on Sunday hit out at the BJP government over the economy saying that there was no roadmap for economic recovery and job creation in the Union Budget that was presented by Finance Minister Nirmala Sitharaman in Parliament.

 

"BJP has nothing else to offer, they have miserably failed. After the national elections in the last eight months, the country's economy has taken a severe downturn and we are looking at a deepening economic crisis. In the national budget, there was no roadmap for the economic recovery and job creation," Sharma said.