The winter session of Parliament will commence on November 16 and will be in session till December 16.
The decision to reschedule the session was taken by the Cabinet Committee of Parliamentary Affairs, earlier on Thursday.
The winter session usually begins in the third or fourth week of November.
Finance Minister Arun Jaitley had also said the Centre was planning to advance the schedule so that the process does not get affected by the assembly polls in Punjab and other states due for next February-March.
It is reported that the Budget session would also be advanced so that the process can be completed at the earliest and this time both the rail budget and general budget will be taken up at a time it is reported.
An early session would help the Central GST (CGST) and Integrated GST (IGST) legislations, which will pave way for the Goods and Services Tax (GST), to be approved within November or latest by early December.
The government is also considering advancing the Budget Session by a month or so starting from January next year.Promising continued policy push to boost economic activities and investment flows, Finance Minister Arun Jaitley said domestic reforms will “neutralise” any adverse impact of the global slowdown.
At the BRICS investment seminar here ahead of the 5-nation Summit beginning in Goa tomorrow, he said the government has put FDI on automatic route in almost 90 per cent of the areas that are eligible for foreign direct capital.
“Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route,” he said.
Stating that the ease of doing business has improved massively since the Modi government came to power, Jaitley said many sectors have been brought into the automatic route and now we don’t have any instance of cases pending indefinitely before the Foreign Investment Promotion Board.
