Zee Media Bureau
New Delhi: President Pranab Mukherjee on Monday addressed a joint session of both Houses of Parliament. The Budget session began with President Mukherjee's address that listed down the steps taken by the central government.
Mukherjee said that the gross domestic product (GDP) growth is at 7.4 percent, making India the fastest growing large economy in the world.
The Budget Session lasts till March 20 and the Parliament will reconvene on April 20 and the session is due to conclude on May 8.
The Union Budget -- to be presented on February 28 -- will be closely watched for the economic path the government charts. The session will be a test of the NDA's floor management skills with a heavy legislative agenda lined up.
The session will see the tabling of the report of the 14th Finance Commission early enough for the Budget to follow it up with a bolstering of the process of fiscal empowerment of states, which have long pitched for a greater say in the way projects are designed and funds are disbursed.
