Union Budget 2017: Finance Minister Arun Jaitley set to present 'Historic' budget at 11 am today

Union Budget 2017 will be presented as schedule and the obituary may happen before or after it.

For the first time in the history, Finance Minister Arun Jaitley will present the Union Budget as well as Rail Budget 2017 together in the Parliament at 11 am on February 1. Earlier, the budget was usually presented on the last business day of the month of February.

Earlier in the day, there was speculations that the Budget will be postponed for a day following the demise of Senior Kerala MP, E. Ahamed, who on Tuesday suffered a heart attack and collapsed in Parliament’s Central Hall.

Union Minister Santosh Gangwar on Wednesday said that Lok Sabha Speaker Sumitra Mahajan will take a final call on whether the Parliament will be adjourned or not following the death of former Union Minister E. Ahamed.

“Due to the unfortunate passing away of a sitting MP, the Lok Sabha Speaker will decide if the house will be adjourned or not.

“Normally, as per the tradition, the house is adjourned on the death of a sitting MP,” Minister of State for Finance Gangwar told reporters here.

“So there are chances that budget can be postponed for a day,” the Minister said.

However, according to the sources, Budget will be presented as scheduled and the obituary may happen before or after it.

“Government has spoken to all parties and arrived at consensus,” ANI tweeted.

Meanwhile, copies of the Budget have reached the Parliament.

FM Arun Jaitley has also left for the President House from his finance ministry office.

E. Ahamed breathed his last early morning today at the Ram Manohar Lohia Hospital in New Delhi.