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Demands for Grants, Finance Bill may escape scrutiny of Parliamentary panels -Shishir Sinha

-The Hindu Business Line

Almost half of the budgetary exercise is over, but Parliament is yet to see formation of department-related standing committees (DRSC). This means Demands for Grants and the Finance Bill will not be vetted by DRSCs as of now.

The Lok Sabha is scheduled to take up the Finance Bill for consideration and passage during the week starting July 15. There will also be discussions and voting on Demands for Grants for 2019-20 of three ministries — Road Transport and Highways, Rural Development and Agriculture and Farmers Welfare and Youth Affairs and Sports.

After this, there will be ‘guillotining’ of Demands for Grants of all other Ministries.

Then the government will move the Appropriation Bill to seek approval for withdrawing money from the Consolidated Fund of India. Once the process is over in Lok Sabha, each one of them will be taken up by Rajya Sabha which is required to return within 14 days.

Finally, the President will give his assent marking the end of budgetary exercise. The entire process has to be completed by July 31.

Senior Parliamentarians told BusinessLine that even in 2014, the entire budgetary exercise was completed without vetting by DRSCs and now in 2019 this is set to happen.

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