Budget Session & President’s Address
• Budget Session: Begins Jan 28, ends Apr 2, held in two phases
• Starts with: President’s Address
• Union Budget: Likely presented on Feb 1
• Recess: Used by Department-related Standing Committees to examine demands for grants
President’s Address
• Address to both Houses at start of first session each year & after General Election (Art. 87)
• Lays down policies and programmes of the Government
• Drafted by Council of Ministers (Art. 75(3))
• President’s right to address/send messages: Art. 86
• Summoning of Parliament: Art. 85
• Followed by Motion of Thanks
Union Budget
• Constitutional provision: Article 112
• Annual statement of receipts and expenditure
• Prepared by: Ministry of Finance (Department of Economic Affairs)
• Presented by: Finance Minister in Lok Sabha
• Types: Revenue Expenditure and Capital Expenditure
