India’s Parliament Passes Budget, Sets Up Economic Fund

The Indian Parliament has passed the budget for 2025-26, which will help the country respond to global economic challenges. The budget includes a special fund of ₹1 lakh crore (approximately $13 billion) called the Economic Stabilisation Fund. This fund will give India more financial flexibility to deal with any unexpected problems in the global economy.

The fund was discussed by Finance Minister Nirmala Sitharaman, who said it would help India be prepared for any global economic headwinds. She emphasized that this extra money would allow India to respond quickly and effectively to any challenges that might arise.

In other news, a group of parliament members from the INDIA bloc has submitted a notice requesting the removal of the Chief Election Commissioner (CEC) due to seven specific charges against him. These charges include partisan behavior, obstruction of investigations into electoral fraud, and mass disenfranchisement. The notice was signed by 130 Lok Sabha MPs and 63 Rajya Sabha MPs.

On March 13, there was a heated debate between Speaker Om Birla and Leader of Opposition Rahul Gandhi in the Lok Sabha. Mr. Gandhi criticized Union Minister Hardeep Singh Puri’s alleged connections to sexual offender Jeffrey Epstein and accused his daughter of receiving money from billionaire George Soros.