Rajya Sabha on Wednesday passed the Finance Bill, 2021, thus completing the Parliamentary approval process. The Bill gives effect to the financial proposals of the central government for the financial year 2021-22.
Finance Minister Nirmala Sitharaman replied to the debate on the Bill which has some changes in the proposals made in the union budget. The passage of the Finance Bill by Parliament marks the completion of the budgetary process.
Replying to a debate on Finance Bill 2021 in the Rajya Sabha, she cited low inflation, higher GDP growth, record foreign investment and lower fiscal deficit to defend her government’s handling of the economy.
Source from: https://www.livemint.com/news/india/parliament-passes-finance-bill-20212022-11616588376087.html