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The schedule, followed for several decades, is that the Budget receives Parliament’s nod of approval by the first week of May. A lot happens during the nine weeks between the presentation of the Budget on the last working day of February and its passage in the first week of May. Various parliamentary committees examine Budget provisions and present their findings to the Finance Minister. Also, members of the two Houses get an opportunity to discuss the various provisions in the Finance Bill and even make useful suggestions on the expenditure programmes of a few central ministries. There is, of course, a short recess in between. But that only allows the parliamentary committees to complete their scrutiny of the Budget and table their reports before the two Houses.
