Lok Sabha passes interim budget

Lok Sabha today passed the interim budget for the financial year 2014-15 without much discussion.

Finance minister P Chidambaram introduced the Appropriation Bill and the Finance Bill amid din in the House by a voice vote.

The Bills were passed without much discussion and only senior BJP leader Murli Manohar Joshi spoke. There was no reply from the Finance Minister.

On Monday, Chidambaram had presented the Interim Budget along with a vote-on-account for spending up to July.

Joshi described the Interim Budget as "account for vote" and not vote on account.

He urged the Finance Minister not to take adhoc steps and only initiate firm measures for the economy.

Joshi, however, had to cut short his speech after Speaker Meira Kumar asked him to do so amid uproar.

There was uproar over the issue of reservation, with many members from SP and JD(U) trooping into the Well.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India and the US have come a long way from the frostiness of the Cold War

    As far as atmospherics go, it could scarcely be bettered.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

When we the people fail our nation

Today, we turn 65 years old as a republic. A ...

Purnendu Ghosh

The relative measures of time

Clock, the time-keeper, is our central machine. This machine dictates ...

Shona Adhikari

All roads lead to Delhi, as it gears up for art fair

With the seventh edition of India Art Fair (IAF) coming ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture