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E-mail ID will not be published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

  • The sudden rush of new papers could unsettle the secondary market

    While questions are being raised if the party has somewhat overextended on the Street, given the not-too-comforting macroeconomic numbers, retail inve

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

Urs Schöttli

Hong Kong’s democratic dilemma

The 19th and 20th centuries were very unkind to China. ...

Purnendu Ghosh

Intellectual capital in life’s second innings

Many retired people find it hard to slow down in ...

Bubbles Sabharwal

The importance of looking at the bright side

Now here’s the thing. When your body defies gravity, it ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture