Lok Sabha passes finance, appropriation bill and budgetary proposals amidst protests from Opposition
With the passage of the Finance Bill and the Appropriation Bill, the budget exercise is complete in the lower house.


Lok Sabha speaker Sumitra Mahajan.[/caption]With the passage of the Finance Bill and the Appropriation Bill, the budget exercise is complete in the lower house.Technically, the two Bills also have to go to Rajya Sabha but since they are money bill they would be considered approved if the Upper House of Parliament does not return them within 14 days.The Opposition has an upper hand in the Rajya Sabha.The functioning of both houses of Parliament has been stalled since the second half of the Budget session began on 5 March as opposition parties raised issues ranging from India's biggest bank fraud to division of Cauvery river water and special package to Andhra Pradesh.Neither Lok Sabha or Rajya Sabha has transacted any substantial business in the past eight days. Earlier this week, the BJP had issued a three-day whip to its members to be present in the House.Budget passage is a constitutional obligation without which the government cannot spend a single penny on its functioning. Opposition parties protested against passing of the Budget without a debate as the session is to continue till April 6.

US jobless claims fall to 187,000, signalling resilient labour market ahead of Fed meeting
NDTA asks Connaught Place shops, offices and restaurants to close by 6:30 pm today
EU slaps Google with $1 billion antitrust fine over Play Store and Search practices
Brent crude flirts with $100, reigniting inflation and forex concerns for India
Can a record May offset a shrunk international schedule and help IndiGo turn a profit?

