The winter session will continue until December 22. (File)
New Delhi:
Finance Minister Nirmala Sitharaman told the Rajya Sabha today that India’s economy is expanding when other economies are contracting. The Union minister also said India’s second quarter growth of 7.6 per cent has been then highest in the world. Ms Sitharaman was speaking in the Rajya Sabha as members of upper and lower house continue discussions on the economic situation of the country.
Both houses have been adjourned till 11 am tomorrow.
The two bills in the Rajya Sabha for the consideration and passage are the Jammu and Kashmir Reservation (Amendment) Bill, 2023; and the Jammu and Kashmir Reorganisation (Amendment) Bill, 2023. The same two bills were passed earlier on Wednesday by the Lok Sabha.
A discussion on the the countries economic situation raised by Derek O’ Brien on the 2nd day of the session will also continue on day 4 of the Winter Session of Parliament.
The winter session will continue until December 22.
Here are the LIVE updates on Winter Session of Parliament:
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Lok Sabha Adjourned Till 11 am Tomorrow
Lok Sabha proceedings have been adjourned till 11 am Friday.
Rajya Sabha Adjourned Till 11 am Tomorrow
The Rajya Sabha proceedings have been adjourned till 11 am Friday.
“Unemployment Rate Declined”: Finance Minister Sitharaman In Rajya Sabha
Unemployment rate has declined to 10 pc from 17.8 pc in 2017-18, Nirmala Sitharaman told Rajya Sabha.
“Direct tax collection grows 21.82% this year, monthly GST collections stabilised at Rs 1.6 lakh crore — a sign of economic growth. In American supermarkets, Make in India products are found on the shelves. India is the second most sought-after manufacturing destination in the world,” she said.
“The funds allocation for rural housing rose from 66,046 crore in 2014 to 2.02 lakh crores in 2023. This is a over three times increase in funds allocation,” she said.
“India’s Merchandise Export Increases”: Finance Minister In Parliament
“India’s merchandise export has increased by 6.21 % to $ 33.57 billion in October while WTO predicted a decline,” she said.
“All sectors are growing significantly. Because of the Make in India programme and PM Modi’s schemes, the manufacturing sector is also significantly contributing to the economy. The manufacturing sector is contributing 13.9% to the economy. The Purchasing Managers Index (PMI) in November was 56. It is in the expansionary territory, So sustained growth is indicative of the growth. All developed economies are showing a contractionary manufacturing PMI, in comparison. US, Euro Zone, Canada, Australia, China are all in the contractionary territory while we are moving forward.”
“India’s second quarter growth is highest in the world as India continues to be the fastest-growing economy. The third and fourth largest economies ( Japan and Germany) have contracted as well as emerging economies. In comparison, India’s over 7% growth is significant,” Nirmala Sitharaman told the Rajya Sabha/.
Replying to the question on the issue of air price hike and whether the government has any control over it, Civil Aviation Minister Jyotiraditya Scindia said airlines have made losses of about Rs 55,000 crores to Rs 1,32,000 crores on an annual basis recently due to the pandemic.
“COVID has completely destroyed the financial viability of airlines, still our airlines have operated on a very sustainable basis,’ he said.
Winter Session of Parliament Update
In Rajya Sabha, CPI(M) MP John Brittas raises the question of media reports of the US linking an Indian official to an alleged murder attempt on a US national and Govt of India’s rebuttal to Canada’s charges, EAM Dr S Jaishankar says, “…Insofar as the US is concerned, certain inputs were given to us as part of our security cooperation with the US. Those inputs were of concern to us because they related to the nexus of organised crime, trafficking and other matters. So, because it has a bearing on our own national security, it was decided to institute an inquiry into the matter and an inquiry committee has been constituted. Insofar as Canada is concerned, no specific evidence or inputs were provided to us. So, the question of equitable treatment to two countries one of whom has provided inputs and one of whom has not, does not arise.”
Women MPs of the TMC protest against Union Minister Giriraj Singh and demand his expulsion from the cabinet, over his remark on West Bengal Chief Minister Mamata Banerjee.
#WATCH | BJP National President JP Nadda welcomes PM Modi at the BJP Parliamentary Party meeting in Delhi, after the party sweeps polls in three states pic.twitter.com/rTxScFBd36
– ANI (@ANI) December 7, 2023
Bharatiya Janata Party MPs welcome PM Modi at the Parliamentary Party meeting in Delhi
Union Home Minister Amit Shah arrives for the BJP Parliamentary Party meeting, in Delhi.
Winter Session of Parliament | Union Home Minister Amit Shah arrives for the BJP Parliamentary Party meeting, in Delhi. pic.twitter.com/Qsx7ennhdz
– ANI (@ANI) December 7, 2023
Union Ministers Ashwini Vaishnaw, Dr S Jaishankar and Virendra Kumar arrive for the BJP Parliamentary Party meeting, in Delhi.
Winter Session of Parliament Update
Congress MP Manish Tewari gives Adjournment Motion Notice in Lok Sabha and demands discussion on the death penalty to 8 ex-Indian Navy personnel in Qatar.
Winter Session of Parliament Update
BJP MP Chhedi Paswan to lay the Statements of the Committee on the Welfare of Scheduled Castes and Scheduled Tribes (2023-24).
