Mallikarjun Kharge urged Speaker for postponement of the budget, after the IUML MP Ahamed’s death
Finance Minister Arun Jaitley has begun presenting the Union Budget in Parliament on Wednesday amid expectations of an increase in income tax exemption limits, to incentives for the Micro Small and Medium Enterprises (MSME) sector post the November 8 demonetisation drive.
Lok Sabha Speaker Sumitra Mahajan paid tribute to former union minister and Indian Union Muslim League (IUML) leader E Ahamed, who passed away this morning.
“I would have adjourned the House. But today’s sitting has been fixed by the President for presentation of the Budget. Instead the House will be adjourned tomorrow as a mark of respect for E. Ahamed ji,” the Lok Sabha Speaker said.
“Madam Speaker, on this auspicious day of vasant panchami I rise to present the union budget 2017-18. I am presenting this Budget when the world economy faces ,” Jaitley said, as he stood to present the Budget.
However, Leader of Opposition in Lok Sabha, Mallikarjun Kharge, urged the Speaker for postponement of the budget.
Jaitley, earlier on Wednesday called on President Pranab Mukherjee at Rashtrapati Bhavan.
It was earlier speculated that the budget could be postponed by a day after former minister of state for external affairs and Lok Sabha MP Lok Sabha E Ahamed passed away at the RML Hospital in the national capital in the wee hours of Wednesday after suffering from heart attack.