Parliamentary Affairs Minister Ananth Kumar said the first part of the Budget Session yielded a total of 7 sittings of the Lok Sabha and 8 sittings of the Rajya Sabha. He said productivity of Lok Sabha during this phase was 113 per cent, while for Rajya Sabha it was 97 per cent. The Minister appreciated the cooperation received from all the members of both Houses in running the Business smoothly and hoped that the second part of the Budget session would also receive such cooperation from all the members of Parliament.
The session saw the passage of the crucial bill on demonetisation. Highlights of the session are the Presidential
Address and Union Budget, besides the five bills Finance Bill, Payment of Wages (Amendment) Bill, Specified Bank Notes (Cessation of Liabilities) Bill, IIM Bill and Repealing and Amending Bill, which were introduced in Lok Sabha. Out of these five, Payment of Wages (Amendment) Bill was passed by both the Houses, while Specified Bank Notes (Cessation of Liabilities) Bill being a money bill, is deemed to be passed by both the Houses on expiry of 14 days from receipt of bill in Rajya Sabha. The two houses will now have a month long recess. The second part of the budget session will commence from 9th of March and will continue till 12th of April>