The central government is set to present the budget for FY25 on July 23, 2024, which will include the introduction of six new bills
The central government is planning to introduce six bills in the budget session for FY25. The budget session is scheduled to begin on July 22 with the presentation of the Economic Survey, followed by the introduction of the budget, and continue till August 12.
The budget session will last for nearly 20 days and will have a total of 16 sittings. The Disaster Management (Amendment) Bill, the Coffee (Promotion and Development) Bill, the Rubber (Promotion and Development) Bill, the Bhartiya Vayuyan Vidheyak Bill and the Boilers Bill are the five bills listed for introduction, alongside the Finance Bill.
The Disaster Management (Amendment) Bill, 2024 is likely to bring clarity and convergence in the roles of different organisations that are responsible for disaster management.
In order to promote the Indian coffee industry, centre will introduce the Coffee (Promotion and Development) Bill, 2024. The bill will focus on the modern promotion and development of the Coffee Board, which is a statutory organisation that primarily focuses on areas of research, development and promotion of coffee both domestically and internationally.
Meanwhile, the Rubber (Promotion and Development) Bill, 2024, aims to boost the Indian rubber industry and modernise the functioning of the Rubber Board.
The Aircraft Act of 1934, on the other hand, will be re-enacted and replaced by Bhartiya Vayuyan Vidheyak Bill, 2024. The bill will address the ambiguity in the Aircraft Act of 1934 and make changes for ease of doing business. It will also give boost to Indian aircraft manufacturing sector and enable the aviation sector to support 'Make in India' and 'Atmanirbhar Bharat' initiatives of the government.
The Bharatiya Vayuyan Vidheyak Bill, 2024, will implement the provisions of international conventions such as the Convention on International Civil Aviation (1944) and the Convention of the International Telecommunication Union.
Lastly, the Boilers bill of 2024 will replace the colonial Indian boilers Act of 1923. This act deals with safety of life and property from the danger of steam boiler explosions and necessary maintenance related provisions. The bill will be introduced to add relevant provisions to suit the need of the present.