Finance Bill Expected to be Passed by Parliament on July 28
New Delhi: Fast tracking the Budgetary exercise, Parliament is expected to pass the finance bill by July 28.
The finance bill, whose passage signals the end of the Budgetary exercise, is coming up for discussion in the Lok Sabha on July 24 and 25, Minister of State for Parliamentary Affairs Prakash Javadekar told reporters.
After that, the bill would go to Rajya Sabha where the exercise will be completed by July 28, he said.
In the Lok Sabha, demands of the Ministry of Environment and Forest will be taken up for discussion on Tuesday and those of the Surface Transport Ministry the day after for scrutiny.
The Union Budget 2014-15 was presented in the Lok Sabha on July 10. On Monday, the Lok Sabha suspended a rule of procedure and conduct of business to take up the discussion.
The rule suspended was one relating to sending the demands for grants to the concerned Standing Committees as they have not yet been constituted.
The Budget has to be cleared before the end of July as the Vote-on-Account taken before Lok Sabha elections will expire by then.
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