Central government to hold all-party meeting on January 27 ahead of Union Budget
New Delhi [India], January 22 (ANI): Union Parliamentary Affairs Minister Kiran Rijiju will convene an all-party meeting of floor leaders of both Houses of Parliament on January 27, ahead of the upcoming Budget Session.
As per sources, the meeting is scheduled to be held in the main Committee Room of Parliament. The government is expected to discuss important national issues and legislative business likely to come before the Houses during the upcoming session.
The Union Budget 2026-27 will be presented on February 1.
The session will formally begin with the President of India, Droupadi Murmu, addressing members of both the Lok Sabha and the Rajya Sabha.
During the previous Budget sessions, in a decisive move to solidify India's position as a global electronics hub and to promote domestic manufacturing of electronic goods, the Union Finance Ministry announced an increase in the Basic Customs Duty (BCD) on flat panel displays to 20 per cent. The move was aimed at correcting the inverted duty structure on the goods.
"In line with our 'Make in India' policy, and to rectify inverted duty structure, I propose to increase the BCD on Interactive Flat Panel Display (IFPD) from 10 per cent to 20 per cent and reduce the BCD to 5 per cent on Open Cell and other components," the Finance Minister said in a post on social media platfom X.
"In the 2023-24 budget, for the manufacture of Open Cells of LCD/LED TVs, I had reduced the BCD on parts of Open Cells from 5 per cent to 2.5 per cent. To further boost the manufacture of such Open Cells, the BCD on these parts will now be fully exempted," the ministry tweeted.
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