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Rajya Sabha Returns Key Bills for 2024-2025 After Finance Minister's Rebuttal to Opposition Criticisms On Thursday, the Rajya Sabha returned the Appropriation (No. 2) Bill, 2024, the Jammu and Kashmir Appropriation (No. 3) Bill, 2024, and the Finance (No. 2) Bill, 2024, following a vigorous debate over the Budget. The Bills, which had been passed by the Lok Sabha the previous day, were addressed by Finance Minister Nirmala Sitharaman in her response to the Opposition's criticisms. In her add
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FAQ :
The Rajya Sabha returned the Appropriation (No. 2) Bill, 2024, the Jammu and Kashmir Appropriation (No. 3) Bill, 2024, and the Finance (No. 2) Bill, 2024.
Finance Minister Nirmala Sitharaman responded to the opposition's criticisms of the budget.
The Finance Minister defended the budget, stating that the government has made efforts to reduce the financial burden on middle-income households and has lessened the tax burden on the middle class.
The effective capital expenditure is projected to reach ₹15.02 lakh crore, an 18% increase from the previous fiscal year.
The Finance Minister questioned whether the issue had been raised with state Finance Ministers who are part of the GST Council, noting that decisions are usually made by consensus.
Opposition MPs raised concerns about sluggish private investment and wage growth, reduced funding for central sector schemes, and the waiver of loans to companies.
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