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Govt Calls All-Party Meet Before Budget Session, Focus on Key Legislation

Union Parliamentary Affairs Minister Kiran Rijiju will chair an all-party meeting of floor leaders on January 27 to discuss the agenda for the upcoming Budget Session. The session begins on January 28 and will run until April 2, featuring the presentation of the Union Budget 2026-27 on February 1. The government has highlighted recent customs duty adjustments aimed at boosting domestic electronics manufacturing under the 'Make in India' initiative. The meeting aims to ensure smooth parliamentary proceedings during the crucial budget discussions.

Key Points: All-Party Meeting Jan 27 Ahead of Union Budget Session

  • All-party meet on Jan 27
  • Budget Session from Jan 28 to Apr 2
  • Union Budget on Feb 1
  • Customs duty changes for electronics manufacturing
2 min read

Central government to hold all-party meeting on January 27 ahead of Union Budget

Union Minister Kiran Rijiju to convene all-party meeting on Jan 27 to set agenda for Budget Session starting Jan 28. Key issues & customs duty changes in focus.

"In line with our 'Make in India' policy... I propose to increase the BCD on Interactive Flat Panel Display... and reduce the BCD... on Open Cell - Finance Ministry"

By Amit Kumar, New Delhi, January 22

Union Parliamentary Affairs Minister Kiran Rijiju will convene an all-party meeting of floor leaders of both Houses of Parliament on January 27, ahead of the upcoming Budget Session.

As per sources, the meeting is scheduled to be held in the main Committee Room of Parliament. The government is expected to discuss important national issues and legislative business likely to come before the Houses during the upcoming session.

The Budget Session will commence on January 28 and continue till April 2, with one break. The first phase is scheduled from January 28 to February 13, while the second phase will run from March 9 to April 2. A total of 30 sittings are expected during the session.

The Union Budget 2026-27 will be presented on February 1.

The session will formally begin with the President of India, Droupadi Murmu, addressing members of both the Lok Sabha and the Rajya Sabha.

Ahead of the budget, the Ministry of Finance on Wednesday took to X to highlight the previously announced customs duty rates.

During the previous Budget sessions, in a decisive move to solidify India's position as a global electronics hub and to promote domestic manufacturing of electronic goods, the Union Finance Ministry announced an increase in the Basic Customs Duty (BCD) on flat panel displays to 20 per cent. The move was aimed at correcting the inverted duty structure on the goods.

The Ministry also reduced the BCD on open cells and key components to 5 per cent.

"In line with our 'Make in India' policy, and to rectify inverted duty structure, I propose to increase the BCD on Interactive Flat Panel Display (IFPD) from 10 per cent to 20 per cent and reduce the BCD to 5 per cent on Open Cell and other components," the Finance Minister said in a post on social media platfom X.

To further boost local manufacture of Open Cells for LCD/LED TVs, BCD on parts of Open Cells was fully exempted, building on earlier reductions, it said.

"In the 2023-24 budget, for the manufacture of Open Cells of LCD/LED TVs, I had reduced the BCD on parts of Open Cells from 5 per cent to 2.5 per cent. To further boost the manufacture of such Open Cells, the BCD on these parts will now be fully exempted," the ministry tweeted.

The all-party meeting on January 27 is expected to set the agenda and ensure smooth proceedings for the forthcoming Budget Session of Parliament.

- ANI

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Reader Comments

P
Priyanka N
All-party meetings are a good gesture, but the real test is whether opposition voices are genuinely heard and considered in the final budget. The last few sessions have seen too much disruption. Let's hope for productive discussions this time.
A
Arjun K
The push for 'Make in India' in electronics is commendable. As a consumer, I hope the customs duty changes don't make TVs and monitors too expensive for the common man. Balance is key.
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Sarah B
Watching from abroad. India's parliamentary process is quite extensive. A 30-sitting session is significant. Hoping the budget addresses climate resilience and sustainable growth, which are global concerns too.
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Vikram M
The President's address is always a highlight. Sets the tone for the nation. My expectations? More support for MSMEs and farmers. They are the backbone of our economy. Jai Hind!
K
Kavya N
While industrial policy is important, I sincerely hope the budget has a strong focus on healthcare and education infrastructure. Our public systems need massive investment. That's real nation-building.

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