First phase of Budget Session concludes, Lok Sabha to reconvene on March 8 for second phase

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First phase of Budget Session concludes, Lok Sabha to reconvene on March 8 for second phaseThe Budget session usually is held in two phases - In the first phase, the President addresses the two Houses as it is the first session of the year

PTI

Last Updated 13 February 2021, 20:15 IST

The Finance Bill and related demands for grants are passed in the second phase of the Budget session. Credit: PTI Photo.

Lok Sabha was adjourned on Saturday as the first phase of the Budget session concluded.

The House would reconvene on March 8 after recess.

The Budget Session usually is held in two phases. In the first phase, the President addresses the two Houses as it is the first session of the year.

The Union Budget is also introduced in phase one.

The recess allows department-related standing committees to examine demands for grants of various ministries. The Finance Bill and related demands for grants are passed in the second phase of the Budget session.

The session would conclude on April 8.

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(Published 13 February 2021, 17:48 IST)