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Parliament Budget Session last day LIVE: RS, LS adjourned sine die amid ruckus over bounty on Mamata's head

The death sentence awarded to Jadhav by a Pakistani military court after declaring him a 'spy' echoed in both Houses of Parliament where all parties came together to condemn the 'indefensible' verdict and pressed the government to take every step to help him.

FP Politics April 12, 2017 13:10:53 IST
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Parliament Budget Session last day LIVE: RS, LS adjourned sine die amid ruckus over bounty on Mamata's head

Highlights

13:52 (ist)

Budget at a glance: Highlights

    * Tax rates halved to 5% for income of Rs 2.5-5 lakh, tax slabs unchanged
    * 10% surcharge on people earning between Rs 50 lakh-1 cr
    * 15% surcharge on annual income above Rs 1 cr to continue
    * Cash transactions above Rs 3 lakh to banned
    * Corporate tax for SMEs with turnover up to Rs 50 cr cut to 25%; 96% companies to benefit
    * Customs duty of LNG halved to 2.5%
    * Fiscal deficit pegged at 3.2% next year, 3% in FY'19
    * Political parties barred from accepting cash donation beyond Rs 2,000 per individual
    * They can receive donations via cheques, electronic mode; electoral bonds to be issued by RBI
    * Aadhaar-based health cards for senior citizens; a scheme for them to ensure 8 pc guaranteed returns
    * FIPB to be abolished; further FDI policy liberalisation
    * Government to have time-bound procedure for CPSE listing
    * Railway PSUs -- IRCTC, IRFC, IRCON to be listed
    * Payment Regulatory Board to be set up within RBI to regulate digital payments
    * Negotiable instruments Act to be amended to deal with cheque bounce cases
    * Legislative changes to confiscate of assets of economic offenders who flee country
    * Demonetisation bold, decisive measure; to help GDP growth, taxes mop up to rise
    * Effect of demonetisation not to spill over to next year
    * GST, demonetisation 'tectonic changes' for economy
    * Service charges on e-tickets booked via IRCTC waived
    * Capital expenditure of Railway fixed at Rs 1.31 lakh cr
    * Rail safety fund of Rs 1 lakh cr over 5 years, unmanned level crossing to be eliminated by 2020
    * Budget based on 3 agenda -- Transform, Energise, Clean India (TECIndia). MORE PTI JD
    * 3 yr period for long-term capital gains tax on immovable property reduced to 2 years; base year indexation shifted from April 1, 1981 to April 1, 2001
    * Disinvestment target at Rs 72,500 cr, up from 56,500 cr 
    * Gross market borrowing pegged at Rs 6.05 lakh cr
    * Duty exempted on POS machines and Iris readers for encouraging digital payments
    * Tax benefits for Start ups to be for 3 out of 7 yrs
    * FPI to be exempt from indirect transfer provision
    * Integrated public sector oil major to be created to match global giants
    * Direct Tax collection growth 15.8%, indirect tax 8.3%
    * Total expenditure pegged at Rs 21.47 lakh crore
    * Capital expenditure up 24%; to have multiplier effect
    * Allocation to states hiked to Rs 4.11 cr
    * FRBM Committee suggests Debt-GDP ratio of 60% by 2020
    * Retail inflation to remain within 2-6 pc
    * 2 new AIIMS to come up in Jharkhand, Gujarat
    * Highest ever allocation of Rs 48,000 cr to MNREGA
    * Farm sector to grow at 4.1% this fiscal, to double farm income in five years
    * Farm credit target for next fiscal at Rs 10 lakh crore
    * Fasal Bima yojana increased to 40% of crop area; raised to Rs 1.41 lakh crore in Kharif 2017 season
    * Infrastructure investment pegged at Rs 3.96 lakh cr
    * To double irrigation fund corpus to Rs 40,000 cr
    * Infrastructure status accorded affordable housing
    * Dairy processing fund with Rs 2000cr corpus to be set up
    * Rs 1.84 lakh cr allocated for women, child initiatives
    * Rs 1.87 lakh cr allocated to rural, agri, allied sectors
    * 1 crore houses by 2019 for homeless
    * PM Awas Yojana allocation up from Rs 15,000 cr to Rs 23,000 cr
    * 100% village electrification to be achieved by May 2018
    * Rs 31,920 cr allocated for Scheduled Tribes, Rs 4,195 cr for nminority affairs, outcome based budgeting to start
    * Road sector allocation hiked to Rs 64,000 cr
    * Innovation Fund to be created for Secondary Education
    * Allocation of Rs 2.41 lakh crore rail, road, shipping to create jobs, spur economic activity
    * New metro rail policy to be announced
    * New crude oil reserves proposed at Odisha and Rajasthan; to take strategic reserve capacity to 15.33 mmt 
    * India on cusp of digital revolution
    * FDI increased 35 pc to Rs 1.45 lakh crore in H1 FY'17.

11:53 (ist)

Rural schemes continue. But are job losses factored in?

Jaitely’s speech reaffirms the government’s aggressive focus on the rural push, a key item in the government’s agenda. Jaitley said this government wants to take one crore households out of poverty by 2019 and complete rural electrification by 1 May, 2018. The FM has almost started from where PM Modi stopped in his New year speech as far as government’s big rural push is concerned. More sops were doled out for the farmers. As usual, the bank credit target for agriculture was further increased to Rs 10 lakh credit target this year. Whether the banking system have the capacity to take up the additional burden given the existing high level of bad loans from the segment is a question.

The additional sops for the farmers include increase in Fasal bima yojana coverage to 40 percent and crop insurance coverage by 50 percent, a Rs 5,000 crore micro irrigation fund and Rs 8,000 crore dairy processing fund. Further, the government will support NABARD to digitise 63,000 primary agri societies, the FM said. Rs 48,000 crore has been allocated to MNREGA from Rs 37,000 crore last year, Jaitley said. But, isn’t also due more number of people moving from factory jobs to informal sector? The government has increased the allocation for rural agriculture and allied sectors by 24 per cent to Rs 1,87,223 crore, which should ideally help revival in rural sector post demonetisation impact. But are job losses factored in?

11:38 (ist)

Hits and misses from President’s budget session address last year 

The President's address, a day before the Union Budget is presented, sets the tone for the upcoming Budget Session as the broad initiatives taken by the Union government and objectives for the coming year are listed out.

According to a report prepared by the New Delhi-based think tank PRS Legislative Research, which analysed President Mukherjee's address to Parliament on 23 February 2016, not all targets of increasing GDP and lowering inflation, fiscal deficit and current account deficit were achieved.

The GDP is estimated to grow at 7.1% in 2016-17 as compared with 7.6% in 2015-16. However, the Consumer Price Index (CPI) in December 2016 was 3.4% down from 5.6% in December 2015.  Read the report here.

LIVE NEWS and UPDATES

Apr 12, 2017 - 13:08 (IST)

Rajya Sabha adjourns sine die

Apr 12, 2017 - 12:59 (IST)

Opposition and ruling united over bounty row on Mamata Banerjee's head

The Lok Sabha on Wednesday condemned a BJP youth wing leader's offer for a bounty of Rs 11 lakh to anyone who beheads West Bengal Chief Minister Mamata Banerjee.

Raising the issue soon after the House assembled to take up the day's business, TMC member Saugata Roy said a BJP youth wing leader had made the "announcement" of giving the reward for beheading Banerjee, after police resorted to lathicharge in Birbhum district to disperse a rally during Hanuman Jayanti. "Mamata Banerjee is not only an elected chief minister but a former member of this House too. It is a serious and alarming behaviour and the House must condemn it. She is a grassroot leader and government must take action on it," he said.

Apr 12, 2017 - 12:52 (IST)

Apr 12, 2017 - 12:50 (IST)

First leg of Budget Session productive: LS functioned for 113%, Rajya Sabha for 97%

The first part of the Budget Session was very productive as Lok Sabha functioned 113 percent while Rajya Sabha 97 percent. The productivity in the second half of the budget session till now for Lok Sabha and Rajya Sabha has been 112 percent and 87 percent. 

The Companies (Amendment) Bill, 2016 and The Repealing and Amending Bill, 2017 is scheduled for consideration and passage in Lok Sabha today.

Apr 12, 2017 - 12:44 (IST)

MPs create ruckus in Parliament

The matter echoed on in the Parliament on Wednesday as TMC leaders raised the issue in Rajya Sabha, which garnered support from other parties as well. Samajwadi Party Rajya Sabha MP Jaya Bacchan expressed anguish on the BJP leader's remark, stating that the BJP was keen on protecting cows but not women.

TMC's Saugata Roy also strongly condemned the BJP leader's statement urging strong action against people who make such provocations. Meanwhile, BJP has distanced itslef from Varshney's comments, stating that the West Bengal state government is free to take action against him.

Apr 12, 2017 - 11:54 (IST)

Last day of Budget Session - here's a quick recap of the session

Today is the last day of the Budget Session of Parliament. The first half of the session was held from 31 January to 9 February and after a month-long recess the second half of the session began on 9 March. During the session till now, the Lok Sabha has passed 21 bills and the Rajya Sabha 14 bills. They include the Enemy Property (Amendment and Validation) Bill, The Mental Health Care Bill, The Maternity Benefits (Amendment) Bill, The Payment of Wages (Amendment) Bill, 2017 and the crucial four supporting bills for the roll out of the Goods and Services Tax. 


Scrapping a colonial-era tradition of presenting the Budget at the end of February, for the first time in the history of Independent India, the Government presented the annual accounts on 1 February. Prime Minister Narendra Modi on Tuesday described the Budget Session as a winner for the treasury benches. He said, the government was able to secure passage of many key bills in the Parliament.

Apr 12, 2017 - 11:49 (IST)

BJP leaders distance themselves from Yogesh Varshney's comment

BJP leader Mukhtar Abbas Naqvi disowned Varshney's comment, saying: "I condemn this type of statement. The state government can take proper action." BJYM leader Varshney issued the outrageous threat while hitting out at Mamata over police action on a rally held on Sunday to mark Hanuman Jayanti in Birbhum district.

Alleging that people were beaten up brutally by the police, Varshney described Mamata as a "demon" and said, "When I saw the video, I only had one thought... that if anyone gets me Mamata Banerjee's head I will give them 11 lakh."

Apr 12, 2017 - 11:39 (IST)

Last leg of budget session favourable for BJP govt

The second half of the budget session of Parliament, which ends on Wednesday, has been favourable to the ruling NDA, which not only managed to push its economic reforms agenda but also put up a united front. Prime Minister Narendra Modi on Tuesday told the parliamentary party of the BJP that the session was a victory for the Union government.

Apr 12, 2017 - 11:34 (IST)

Actor and MP Jaya Bachchan, along with BJP leader from Bengal Rupa Ganguly, reacting sharply to the comments against Mamata

Apr 12, 2017 - 11:30 (IST)

Bounty announced for Mamata; Rajya Sabha slams BJYM leader Yogesh Varshney

After a day of ruckus in Parliament over the "illegal" death penalty given to former Indian Navy officer Kulbhushan Jadhav, MPs in Rajya Sabha were up in arms after a Bharatiya Janata Yuva Morcha (BJYM) leader announced a reward of Rs 11 lakh to whoever who beheads West Bengal Chief Minister Mamata Banerjee and gets her head.

The remark, which came shortly after a lathicharge which happened at Birbhum district to disperse a rally raising slogans of "Jai Sri Ram" on Hanuman Jayanti, recieved a lot of flak and criticism.

BJYM leader Yogesh Varshney told ANI, "Those who will cut and bring West Bengal Chief Minister Mamata Banerjee head, I will give that person Rs.11 lakh. Mamata Banerjee never allows Saraswati Puja, fairs during Ram Navami and during Hanuman Jayanti procession, people were lathi charged and brutally beaten up. She organizes Iftar party and always supports Muslims."

India warned Pakistan to consider the "consequences" on their ties if Kulbhushan Jadhav is hanged in the alleged espionage case and vowed to go "out of the way" to save him amid an outrage in this country. The death sentence awarded to Jadhav by a Pakistani military court after declaring him a "spy" echoed in both Houses of Parliament where all parties came together to condemn the "indefensible" verdict and pressed the government to take every step to help him.

Outside Parliament, the Congress urged Prime Minister Narendra Modi to mount diplomatic pressure on Pakistan to secure the release of the 46-year-old former Naval officer.
"Death sentence is a deliberate provocation to India. BJP Govt needs to travel beyond advisories. PM must intervene to secure his release (sic)," Congress chief spokesperson Randeep Singh Surjewala tweeted.

Protests against the death sentence were also staged outside the Pakistan High Commission here. The protesters were led by Congress leader Shehzad Poonawalla. In Parliament, the government as well as the opposition saw the capital punishment as an attempt to defame India and to deflect the attention of the international community from Pakistan-sponsored terrorism.

External Affairs Minister Sushma Swaraj made a statement in both the Lok Sabha and the Rajya Sabha, asserting that India will go "out of the way" to ensure justice to Jadhav who is an "innocent kidnapped Indian".

Jadhav's execution will be taken by India as a "pre-meditated murder" and Pakistan should "consider its consequences" on bilateral relations, if it proceeds on this matter, Swaraj warned.

She said the charges against Jadhav, who was doing business in Iran and was kidnapped and taken to Pakistan, are "concocted" and the trial against him was "farcical", leading to an "indefensible verdict".

"Let me state clearly that the government and the people of India would view very seriously the possibility that an innocent Indian citizen is facing death sentence in Pakistan without due process and in violation of basic norms of law, justice and international relations," she said.

"There is no evidence of wrongdoing by Jadhav. If anything, he is the victim of a plan that seeks to cast aspersions on India to deflect international attention from Pakistan's well-known record of sponsoring and supporting terrorism."

Questioning the trial, she said Pakistan had sought India's assistance to obtain evidence for its investigation and levelled ridiculous charges against senior Indian officials who had no connection to this issue.

Parliament Budget Session last day LIVE RS LS adjourned sine die amid ruckus over bounty on Mamatas headThereafter, Pakistan linked providing consular access to India's acceptance of its position and and Indian response was constructive in the hope that some forward movement could be made, Swaraj said.

"We pointed out that consular access to Shri Jadhav would be an essential pre-requisite in order to verify the facts and understand the circumstances of his presence in Pakistan.

"Given this exchange, it is extraordinary that yesterday, a decision is suddenly announced awarding a death sentence in this case when previous exchanges with India itself underlines the insufficiency of evidencem" she said.

"To make matters even more absurd, three hours after the death sentence was announced, the Indian High Commission received an official communication from the Foreign Ministry of Pakistan, reiterating the Pakistani proposal for conditional consular access.

"That tells us a lot about the farcical nature of the alleged proceedings which have led to an indefensible verdict against an innocent kidnapped Indian," she asserted.

In the Rajya Sabha, Leader of the Opposition Ghulam Nabi Azad, while expressing outrage over the development, said the Indian government should provide Jadhav the best of the lawyers to ensure that the truth prevails.

Responding to this, the External Affairs Minister said the government will not only ensure that Jadhav is provided with the best of lawyers in the Supreme Court of Pakistan but will also take it up with the President of Pakistan.

"Whatever is necessary, we will do. We will go out of the way...," she said, adding that Jadhav was now "not only the son of his parents, but is the son of India." She also informed Parliament that a senior Pakistani leader has himself expressed doubts about the adequacy of evidence in the case. She said she has been in touch with Jadhav's parents and the government was extending its fullest support to them in this difficult situation.

Earlier in the Lok Sabha, Home Minister Rajnath Singh said the government will do everything possible to get justice for Jadhav.

While condemning the action, Singh said that Pakistan had ignored all norms of law and justice. "The government strongly condemns it. All norms of law and justice were ignored. I want to assure the House that the government will do everything possible to get justice for Jadhav. He will get justice," he said.

As soon as the Lok Sabha met for the day, members cutting across party lines slammed Pakistan for awarding death sentence to Jadhav. Leader of the Congress Mallikarjun Kharge wondered why the government remained silent on the issue. His remarks attracted the ire of BJP members who said the government was condemning the incident.

Asaduddin Owaisi (AIMIM) urged the government to use its influence for the release of the Indian citizen. Shashi Tharoor (Cong) asserted that the sentence was against all international norms.

N K Premchandran (RSP), Vinayak Raut (Shiv Sena) and Saugata Roy (AITC) expressed similar sentiments.

Maharashtra Chief Minister Devendra Fadnavis also wrote to Swaraj urging her to secure Jadhav's release.

Updated Date:

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