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Govt plans to pass Finance Bill by end of budget session

Govt plans to pass Finance Bill by end of budget session
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The government plans to pass the Finance Bill 2013 by the end of the second half of the budget session, which starts on April 22 and ends on May 10.

The parliamentary affairs ministry, headed by Kamal Nath proposed the window of May 6 and 7 for discussion and passage of the finance bill.

However, this proposal is subject to the approval of the business advisory committee headed by Lok Sabha Speaker Meira Kumar.

In the previous year, the bill was passed on May 8 while the budget session ended on May 22.

According to the proposal, key bills that include long-pending legislations on food security, land and rehabilitation, reforms in pension and insurance sectors would be passed in a short span of time.

Between April 25 and 30, the parliament would discuss demand for grants on coal, new and renewable energy, agriculture and textiles ministry. This leaves 10 days to pass key reforms.

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