New Delhi, Jun 15: The first session of the Union Budget of the newly constituted Parliament will commence from July 3 and the General Budget for 2009-10 will be presented to the Lok Sabha on Jul 6. Cabinet chaired by Prime Minister Manmohan Singh decided the schedule on Monday, Jun 15.
The Union Railway Budget will be presented by Mamata Banerjee, the Railway Minister on Jul 3. The Budget session which will start from Jul 1 with the presentation of the Economic Survey, would last till Aug 7. UPA government is hoping to pass the Union Budget before Jul 31 to avoid the need for a fresh 'vote-on-account'.
Presentation of the Economic Survey, the Railway Budget and the Union Budget followed by a discussion on the demands for grants of select ministries, a discussion on the General Budget and adoption of the Appropriation Bill would take up most of the time.