‘Wealth Creation the Theme’: CEA Presents Economic Survey 2020
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Finance Minister Nirmala Sitharaman tabled the Economic Survey in the Parliament on Friday, 31 January, pegging growth rate for financial year 2020-21 at 6-6.5 percent. Later, Chief Economic Adviser and author of Economic Survey Arvind Subramanian presented it, stating that the theme of the survey this year was wealth creation.
The survey was tabled a day before the Union Budget will be presented on 1 February.
As the Budget Session kicked off on 31 January, President Ram Nath Kovind in his joint address to the two Houses of Parliament said while debates and discussions strengthen democracy, “violence in the name of protests weakens society.”.
- The Union Budget will be tabled on 1 February by Finance Minister Nirmala Sitharaman
- Opposition parties are likely to hold a meeting after the presentation of the Budget
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Opposition Parties to Meet Post Budget Presentation
Opposition parties are likely to meet after the Budget presentation on 1 February to evolve a joint strategy for the upcoming Parliament session starting on Friday, 31 January.
Various parties have already held their individual strategy meets for the budget session of Parliament and would soon get together to evolve a joint strategy to corner the government on key issues concerning the common people, according to sources.
These include the protests and opposition over the amended citizenship act, price rise and inflation besides the poor state of the economy and rising unemployment.
Economic Survey to Be Tabled Today
The Economic Survey, which reviews economic progress and issues over the past 12 months, will be released after 11 am.
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Prime Minister Narendra Modi said that the parliamentarians should “lay a strong foundation for this decade”, ahead of the Budget Session 2020.
Congress Leaders Protest Against 'Unconstitutional Practices'
The Congress party, led by Sonia Gandhi, protested against the Centre’s “unconstitutional practices and hate politics”, ahead of the Budget session.
Prez Kovind On His Way to Address Parliament
President Ramnath Kovind on his way to address the joint session of the Parliament.
'Govt Has Already Laid a Strong Foundation': Ram Nath Kovind
President Ram Nath Kovind addressing the joint session of the Parliament, praised the government for laying down a “strong foundation” for the decade ahead.
He also added that the “mature way” in which the countrymen behaved after the Supreme Court's decision was “praiseworthy.”
Violence in The Name of Protests Weakens Country: Prez Kovind
President Ram Nath Kovind came down heavily on the protesters, in his Parliament address, stating that “violence in the name of protests weakens society.”
“At the same time, any kind of violence in the name of protest weakens the society and the country,” said President Kovind.
Lot of Hard Work Over Economic Survey: CEA Subramanian
Chief Economic Advisor Krishnamurthy Subramanian said that his government has done a “lot of hard work” on the Economic Survey.
“Our team has done a lot of hard work. The team has prepared the second economic survey in six months,” said Subramanian.
Brief Uproar as Kovind Speaks on CAA
Brief uproar in Central Hall as President Ram Nath Kovind speaks on the Citizenship Amendment Bill, taking a dig at Pakistan.
“Procedure to grant citizenship to people of all religions remains as it was,” said the president.
Govt Pegs GDP Growth at 6-6.5% in Economic Survey
Finance Minister Nirmala Sitharaman tables the Economic Survey in the Parliament, pegging growth rate for financial year 2020-21 at 6-6.5%.
Sensex Pares Early Losses, Turns Flat After Eco Survey
Market benchmark Sensex pared most losses to trade marginally lower in afternoon session on Friday, 31 January, after the release of the government's Economic Survey which projected a GDP growth rate of 6-6.5 percent for the next fiscal.
‘Wealth Creation the Theme’: CEA Presents Economic Survey 2020
Chief Economic Adviser and author of Economic Survey Arvind Subramanian presented it, stating that the theme of the survey this year was wealth creation.
PM Modi Asks NDA Leaders to Back CAA Strongly
PM Narendra Modi on Friday asserted that his government has no reason to feel defensive about the CAA and asked NDA leaders to back the measure strongly in Parliament.
A BJP ally told PTI after the meeting that Modi asked the NDA leaders, who met to strategise as Parliament's Budget Session began on Friday, to aggressively take on the Opposition's charge that the amended citizenship law discriminated against Muslims and said that minorities are as much “ours as other citizens are”.