Budget Session of Parliament to begin from 31 January 2017 | Budget 2017

The Budget session will start from 31 January 2017 and is likely to conclude on the 12 April 2017. President Pranab Mukherji will address a joint sitting of both houses of Parliment on the first day of session.Both houses will have a month long recess from 10 February to 8 March 2017 to enable the standard committees to consider the demands for Grants of Ministries and departments prepare their reports.DEFINITION of 'Budget' An estimation of the revenue and expenses over a specified future period of time. A budget can be made for a person, family, group of people, business, government, country, multinational organization or just about anything else that makes and spends money.

The Budget session of Parliament will start from 31 January 2017 and is likely to conclude on the 12 April 2017. President Pranab Mukherjee will address a joint sitting of both Houses of Parliament on the first day of the session. Both houses will have a month long recess from 10 February to 8 March, 2017 to enable the Standing Committees to consider the Demands for Grants of Ministries and Departments and prepare their Reports. The colonial practice of separate railway budget has been scrapped from this year. The estimates of railway will be part of the Union Budget.

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