Nirmala Sitharaman to Introduce Jammu and Kashmir Budget Bill in Parliament
On Monday, Union Finance Minister Nirmala Sitharaman will introduce the Jammu and Kashmir Appropriation Bill, 2024, in the Lok Sabha. This bill aims to authorize the payment and appropriation of certain sums from the Consolidated Fund of the Union Territory of Jammu and Kashmir for the financial year 2024-25.
Discussions on the Union Budget 2024-25, which was presented on July 23, will continue in both Houses of Parliament. The budget for Jammu and Kashmir, presented on Tuesday, will also be discussed further.
Union Minister of State for Youth Affairs and Sports, Raksha Nikhil Khadse, will make several statements in the Lok Sabha regarding the implementation of recommendations from various reports on education, women, children, youth, and sports. These reports include preparations for the Olympic Games 2021 and demands for grants from 2021 to 2024.
Other Union Ministers, including Gajendra Singh Shekhawat, Pankaj Chaudhary, and Bhupender Yadav, will lay papers on the table and discuss the election of two members to the National Tiger Conservation Authority.
In the Rajya Sabha, Union Ministers Kinjarapu RamMohan Naidu, Rao Inderjit Singh, and others will also lay papers on the table. The budget session, which began on July 22, will continue until August 12.
Doubts Revealed
Nirmala Sitharaman -: Nirmala Sitharaman is the Finance Minister of India. She is responsible for managing the country’s money and budget.
Jammu and Kashmir -: Jammu and Kashmir is a region in northern India. It has its own budget, which is a plan for how to spend money in that area.
Budget Bill -: A Budget Bill is a plan that tells how the government will spend its money. It needs to be approved by the Parliament.
Parliament -: Parliament is a group of people who make laws for the country. In India, it has two parts: the Lok Sabha and the Rajya Sabha.
Lok Sabha -: Lok Sabha is one part of the Indian Parliament. It is also called the House of the People, where members are elected to discuss and pass laws.
Consolidated Fund -: The Consolidated Fund is like a big bank account for the government. All the money the government collects goes into this fund, and it is used to pay for things the government does.
Union Budget -: The Union Budget is the government’s plan for how it will collect and spend money for the whole country for one year.
Raksha Nikhil Khadse -: Raksha Nikhil Khadse is a Union Minister in India. She will talk about reports related to sports.
National Tiger Conservation Authority -: The National Tiger Conservation Authority is a group that works to protect tigers in India. They make sure tigers have safe places to live.