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LS, RS Adjourned; Sitharaman Says No Question of India Getting Into Recession

Catch all the live updates on the Monsoon Session of Parliament here.

Updated
Politics
10 min read
LS, RS Adjourned; Sitharaman Says No Question of India Getting Into Recession
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Parliament Monsoon Session 2022 Live Updates: The Lok Sabha was adjourned late on Monday evening, 1 August, while the Rajya Sabha was adjourned a few hours earlier. Both houses will convene again at 11 am on Tuesday.

Finance Minister Nirmala Sitharaman addressed the issue of price rise in the Lok Sabha on Monday, 1 August.

"Even as the entire globe's growth is being reviewed, re-assessed, re-estimated, each time, we remain at the highest," she said. "There is no question of India getting into recession or stagflation," the Union minister added.

Before Sitharaman's address, a discussion was held on price rise and inflation. AIMIM chief Asaduddin Owaisi, equating inflation to corruption, slammed the central government on price rise and GST.

  • <div class="paragraphs"><p> Congress leader Adhir Ranjan Chowdhury with suspended MPs Manickam Tagore and Jothimani at Parliament House complex during ongoing Monsoon Session.</p></div>

    Congress leader Adhir Ranjan Chowdhury with suspended MPs Manickam Tagore and Jothimani at Parliament House complex during ongoing Monsoon Session.

    (Photo: PTI)

  • <div class="paragraphs"><p> Suspended MP Manickam Tagore protest at Parliament House complex during ongoing Monsoon Session.</p></div>

    Suspended MP Manickam Tagore protest at Parliament House complex during ongoing Monsoon Session.

    (Photo: PTI)

  • <div class="paragraphs"><p>TMC MPs stage a protest at Parliament House complex during ongoing Monsoon Session.</p></div>

    TMC MPs stage a protest at Parliament House complex during ongoing Monsoon Session.

    (Photo: PTI)

  • <div class="paragraphs"><p>Shiv Sena MP Priyanka Chaturvedi holds a placard in protest against ED at Parliament House complex, during ongoing Monsoon Session.</p></div>

    Shiv Sena MP Priyanka Chaturvedi holds a placard in protest against ED at Parliament House complex, during ongoing Monsoon Session.

    (Photo: PTI)

  • <div class="paragraphs"><p>BJP MPs from West Bengal holding placards and pictures of CM Mamata Benera stage a protest against the state government, near the Gandhi statue at Parliament House complex during ongoing Monsoon Session.</p></div>

    BJP MPs from West Bengal holding placards and pictures of CM Mamata Benera stage a protest against the state government, near the Gandhi statue at Parliament House complex during ongoing Monsoon Session.

    (Photo: PTI)

Snapshot
  • The Monsoon Session, which began on 18 July, is scheduled to end on 12 August

  • 23 Rajya Sabha MPs from the Opposition – including seven from the TMC and three from the AAP – were suspended from the proceedings of Parliament for the previous week

  • Four Lok Sabha MPs of the Congress were suspended for the remainder of the Monsoon Session last Monday

  • A shouting match ensued in the Lok Sabha on Thursday, with Union Minister Smriti Irani attacking Sonia Gandhi over a Congress leader's alleged derogatory remarks against President Murmu

  • The Lok Sabha on Wednesday passed the National Anti-Doping Bill, 2021

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8:50 PM , 01 Aug

Both Houses of Parliament Adjourned

Both Houses of Parliament have been adjourned and will convene again at 11 am on Tuesday.

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8:34 PM , 01 Aug

'No GST On Crematorium, Funeral Services'

The Finance Minister said that no GST had been levied on crematoriums, funerals, burials, or mortuary services.

8:19 PM , 01 Aug

Sitharaman's Speech 'Disappointing': Manish Tiwari

Congress leader Manish Tiwari called Finance Minister Nirmala Sitharaman's reply in Lok Sabha over price rise "disappointing".

"Finance Minister's reply was disappointing. Attitude of govt is there is no inflation in country, people are not suffering. Everything is hunky dory. If that's your response to concerns of Opposition articulating the voice of 140 crore people in the country, why listen?" he said while speaking to ANI.

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8:14 PM , 01 Aug

'Raghuram Rajan Said RBI Had Done a Good Job': Sitharaman

Finance Minister Nirmala Sitharaman said that former RBI Governor Raghuram Rajan had praised the central bank, saying that it had done a "good job" increasing foreign exchange reserves in India, and "insulating India from problems being faced by neighbouring countries such as Pakistan and Sri Lanka."

Differentiating India from its vulnerable neighbours, Rajan further added that "New Delhi is less indebted" and called it a good sign, the finance minister said.


Published: 01 Aug 2022, 10:18 AM IST
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