Budget presentation: FM Arun Jaitley has bumpy start but smooth sail later

NEW DELHI: It was a bumpy start for Finance Minister Arun Jaitley when he came to Lok Sabha today to present the Budget for 2017-18, with some Opposition parties seeking its deferment in view of demise of a sitting member E Ahamed.

While parties like Congress, Left and RJD insisted on adjourning the House as a mark of respect to Ahamed, leader of Indian Union Muslim League who passed away this morning, Speaker Sumitra Mahajan ruled in favour of Budget presentation today itself, saying it was a constitutional obligation.

Thereafter, it was a smooth sail even though members of Left parties staged a walkout. Some of them returned to the House soon after.

Trinamool Congress, which is angry over the arrest of its two MPs by CBI in connection with a scam, did not attend the Budget presentation. The party had earlier said that its members would not attend because of Saraswati Puja today.

Among other notable absentees were Congress President Sonia Gandhi, Samajwadi Party leader Mulayam Singh Yadav, Union Ministers Manohar Parrikar, Harsimrat Kaur and Maneka Gandhi.

Jaitley began his speech by saying that today is the auspicious day of Basant Panjami and that "spring is the season of optimism".

While presenting the Budget which included the merged Railway Budget, Jaitley spoke for nearly two hours, during which he sought to humour the House with Hindi quotations.

Presenting his third full Budget, Jaitley's various proposals, including on personal income tax and political funding, elicited applause from members who thumped their desks.

Prime Minister Narendra Modi was seen repeatedly thumping the desk as Jaitley read out various provisions of the Budget.

Quotations from Mahatma Gandhi, Swami Vivekananda as well as Hindi couplets peppered the Budget speech.


Taking on the critics of the government's decision to demonetise high value currencies, Jaitley quoted Mahatma Gandhi to say that "a right cause never fails".

"Kaale dhan ko bhi badalnaa padaa, aaj apna rang (Even black money had to change its colour today)," the Finance Minister said alluding to the measures taken to deal with illicit funds.

He described the merger of the Railways Budget with the General Budget as a "historic step".

When he spelled out measures to cleanse political funding, some BJP members asked the Opposition to thump their desks and a few seconds later. Congress leader Rahul Gandhi thumped his desk to support the move.

Congress members were seen protesting when Jaitley said that the government has made the highest increase in allocation for MNREGA.

Soon after adjournment of the House, the Prime Minister went up to Jaitley and shook hands with him.

Jaitley's family was sitting in the Speaker's gallery.