The Budget Session of Parliament for 2024 commenced on Monday, July 22, and was adjourned sine die on Friday, August 9. This was the first Budget Session of the 18th Lok Sabha. On July 23, 2024, both the Union Budget and the Budget for Jammu and Kashmir were presented in the Lok Sabha.
Following the presentation, the general discussion on the Union Budget occupied the Lok Sabha for 27 hours and 19 minutes, exceeding the allotted 20 hours, and the Rajya Sabha for 22 hours and 40 minutes, also surpassing its allotted time. Concurrently, discussions on the Jammu and Kashmir Budget, including the Demands for Grants and the related Appropriation Bill, were conducted and passed in the Lok Sabha.
In the Lok Sabha, Demands for Grants for ministries, including Railways, Education, Health, and Fisheries, were discussed and adopted. The remaining Demands for Grants were voted on August 5, 2024, with the related Appropriation Bill passed the same day. The Finance (No. 2) Bill, 2024, was considered and passed on August 6 and 7.
The Rajya Sabha discussed the workings of the Ministries of Housing and Urban Affairs, Agriculture and Farmers Welfare, and New and Renewable Energy. It returned the Appropriation Bills and the Finance (No. 2) Bill on August 8, 2024.
On August 9, 2024, the Lok Sabha passed the Bhartiya Vayuyan Vidheyak, 2024, which regulates aircraft operations. Short-duration discussions were also held on India’s Olympic preparedness and a tragic student death incident in Delhi. Both Houses addressed calling attention motions on landslides, floods, and a specific landslide in Wayanad, Kerala.
The Waqf (Amendment) Bill, 2024, was referred to a Joint Parliamentary Committee. The Lok Sabha’s productivity was approximately 136%, while the Rajya Sabha’s was about 118%.
Following is a summary of the passed legislation:
| S. No. | Name of the Bill | Bill Category | Bill Reference No. | Preamble | Object & Purpose | Lok Sabha | Rajya Sabha | Presidential Assent | Act No. and Year | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Introduction Date | Passing Date | Introduction Date | Passing Date | ||||||||
| 1 | The Finance (No. 2) Bill, 2024 | Money Bill | No. 55-C of 2024 | A Bill to give effect to the financial proposals of the Central Government for the financial year 2024-2025. | The object of the Bill is to give effect to the financial proposals of the Central Government for the financial year 2024-2025. | 23-07-2024 | 07-08-2024 | NA | 08-08-2024 | NA | NA |
| 2 | The Jammu and Kashmir Appropriation (No. 3) Bill, 2024 | Money Bill | No. 66 of 2024 | A Bill to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of the Union territory of Jammu and Kashmir for the services of the financial year 2024-25. | This Bill, introduced based on the Gazette of India notifications from October 31, 2019, authorizes the payment and appropriation of funds from the Consolidated Fund of the Union Territory of Jammu and Kashmir. It covers expenses charged to the fund and grants for the financial year 2024-25, in accordance with the Jammu and Kashmir Reorganisation Act, 2019 and relevant constitutional provisions. | 30-07-2024 | 30-07-2024 | NA | 08-08-2024 | 13-08-2024 | No. 13 of 2024 |
| 3 | The Bharatiya Vayuyan Vidheyak, 2024 | Finance Bill | No. 74 of 2024 | A Bill to provide for regulation and control of the design, manufacture, maintenance, possession, use, operation, sale, export and import of aircraft and for matters connected therewith or incidental thereto. | The Bill seeks to repeal and re-enact the Aircraft Act, 1934. It aims to streamline regulations on aircraft design, manufacture, and maintenance, empower the Central Government for certifications and emergency orders, and implement international aviation conventions. It addresses ambiguities, redundancies, compensation, and penalties, while saving prior actions. | 31-07-2024 | 09-08-2024 | NA | NA | NA | NA |
| 4 | The Disaster Management (Amendment) Bill, 2024 | Finance Bill | No. 98 of 2024 | A Bill to amend the Disaster Management Act, 2005. | The Bill seeks to amend the Disaster Management Act, 2005. It aims to clarify roles of Authorities and Committees, grant statutory status to pre-Act organizations, strengthen National and State Disaster Management Authorities, shift disaster planning responsibilities, create national and state disaster databases, and establish Urban Disaster Management Authorities and State Disaster Response Forces. | 01-08-2024 | NA | NA | NA | NA | NA |
| 5 | The Appropriation (No. 2) Bill, 2024 | Money Bill | No. 75 of 2024 | A Bill to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of India for the services of the financial year 2024-25. | This Bill is introduced in pursuance of Article 114(1) of the Constitution of India, to provide for the appropriation out of the Consolidated Fund of India of the moneys required to meet the expenditure charged on the Consolidated Fund of India and the grants made by the Lok Sabha for expenditure of the Central Government for the financial year 2024-25. | 05-08-2024 | 05-08-2024 | NA | 08-08-2024 | NA | NA |
| 6 | The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024 | Ordinary Bill | No. 104 of 2024 | A Bill for enabling reservation of seats in accordance with Article 332 of the Constitution for effective democratic participation of members of Scheduled Tribes and to provide for the readjustment of seats in the Legislative Assembly of the State of Goa, in so far as such readjustment is necessitated by inclusion of certain communities in the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto. | The Bill aims to enable the reservation of seats for Scheduled Tribes in the Goa Legislative Assembly, addressing the lack of representation despite their increased population. Due to previous census figures and existing laws, adjustments for Scheduled Tribes' reservations were not possible. The Bill proposes amendments to allow the Election Commission to adjust constituencies and provide constitutional reservations, reflecting the updated demographic data. | 05-08-2024 | NA | NA | NA | NA | NA |
| 7 | The Oilfields Regulation and Development (Amendment) Bill, 2024 | Ordinary Bill | No. 52 of 2024 | A Bill further to amend the Oilfields (Regulation and Development) Act, 1948. | This Bill aims to update the Oilfields (Regulation and Development) Act, 1948, to enhance energy access, security, and affordability. Key amendments include delinking petroleum from mining, broadening the definition of mineral oils, introducing petroleum leases, and strengthening operational rules. The Bill also seeks to improve dispute resolution, decriminalize provisions, and support energy transition by integrating renewable energy projects. | NA | NA | 05-08-2024 | NA | NA | NA |
| 8 | The Boilers Bill, 2024 | Ordinary Bill | No. 54 of 2024 | A Bill to provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and for uniformity in registration and inspection during manufacture, erection and use of boilers in the country and for matters connected therewith or incidental thereto. | The Bill aims to repeal and re-enact the Boilers Act, 1923, and update its provisions. It focuses on regulating boiler manufacture and use, ensuring safety from explosions, and enforcing registration and certification. The Bill seeks to remove outdated provisions, introduce new rules, and establish independent third-party inspection authorities to enhance clarity and uniformity in boiler regulation. | NA | NA | 08-08-2024 | NA | NA | NA |
| 9 | The Waqf (Amendment) Bill, 2024 | Ordinary Bill | No. 109 of 2024 | A Bill further to amend the Waqf Act, 1995. | The Bill proposes comprehensive amendments to the Waqf Act, 1995, to enhance the administration and management of waqf properties. It includes renaming the Act, defining waqf more clearly, ensuring women's inheritance rights, and streamlining registration and survey processes. The Bill also aims to reform the Central Waqf Council, State Waqf Boards, and Tribunal structure, and address other issues related to waqf property management and oversight. | 08-08-24 Referred to Joint Parliamentary Committee |
NA | NA | NA | NA | NA |
| 10 | The Mussalman Waqf (Repeal) Bill, 2024 | Ordinary Bill | No. 108 of 2024 | A Bill to repeal the Mussalman Wakf Act, 1923. | The Bill proposes to repeal the outdated Mussalman Wakf Act, 1923, to ensure uniformity, transparency, and accountability in waqf property management under the Waqf Act, 1995. Repealing the Act will resolve inconsistencies and ambiguities from its continued existence, promoting more effective administration of waqf properties. | 08-08-2024 | NA | NA | NA | NA | NA |
| 11 | The Railways (Amendment) Bill, 2024 | Finance Bill | No. 113 of 2024 | A Bill further to amend the Railways Act, 1989. | The Bill proposes to incorporate the provisions of the Indian Railway Board Act, 1905 into the Railways Act, 1989, simplifying the legal framework by merging two laws into one. This consolidation aims to enhance the functioning and independence of the Railway Board, streamline operations, and establish uniform standards for railway development. | 09-08-2024 | NA | NA | NA | NA | NA |
| 12 | The Carriage of Goods by Sea Bill, 2024 | Ordinary Bill | No. 112 of 2024 | A Bill to provide for the responsibilities, liabilities, rights and immunities attached to carriers with respect to the carriage of goods by sea and for matters connected therewith or related thereto. | The Bill proposes to repeal and re-enact the Indian Carriage of Goods by Sea Act, 1925. Key modifications include replacing Rules with applicable rules (Hague and Visby Rules), empowering the Central Government to amend the Schedule and issue directions, omitting outdated transitional provisions, and providing for necessary repeals and savings. The Bill aims to modernize and simplify the legislation while maintaining its core principles. | 09-08-2024 | NA | NA | NA | NA | NA |
| 13 | The Bills of Lading Bill, 2024 | Ordinary Bill | No. 111 of 2024 | A Bill to make provisions for the transfer of rights of suit and all liabilities to the consignee named in a bill of lading and every endorsee of a bill of lading, to whom the property in the goods mentioned in the bill of lading shall pass, upon or by reason of a consignment or an endorsement, and for matters connected therewith or related thereto. | The Bill proposes to repeal and re-enact the Indian Bills of Lading Act, 1856. The Bill aims to modernize the Act by revisiting its provisions while maintaining its core principles, to align with current legislation. It will also include a new provision allowing the Central Government to issue directions for implementing the Act. The Bill seeks to simplify and update the legal framework for transferring rights and evidence related to bills of lading. | 09-08-2024 | NA | NA | NA | NA | NA |
| 14 | The Banking Laws (Amendment) Bill, 2024 | Ordinary Bill | No. 110 of 2024 | A Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. | The Bill aims to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, and related legislation. Key amendments include redefining substantial interest, increasing co-operative bank director tenures, revising statutory reporting dates, improving nominee provisions, and allowing unclaimed dividends to be transferred to the Investor Education and Protection Fund. The Bill seeks to enhance bank governance, consistency, and investor protection. | 09-08-2024 | NA | NA | NA | NA | NA |
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