Tag: disruptions

Amid disruptions, Centre may initiate process for passage of budget

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New Delhi: With the whole of last week’s parliamentary proceedings having been washed out without transacting any business, owing to disruptions by treasury benches and opposition members, Government only has two weeks to get the Union budget for 2023-2024 passed in Parliament.
As per norms, the Union budget needs to be passed in both Houses of Parliament before the end of the financial year, i.e. prior to March 31, 2023.
Therefore, in the forthcoming week starting from Monday, the government may try to get the process of budget clearance started.
Normally, demands grants for some key ministries like railways and agriculture are taken up for discussion and voting in Lok Sabha.
After these are voted for, since there is no time to take up demands for grants for each and every department, the Speaker applies guillotine on all such outstanding demands for grants, and they are put up for voting, whether discussed or not.
Once this is done, the government introduces the Appropriation Bill, seeking approval for withdrawing funds from the Consolidated Fund of India.
After this bill is passed, it becomes the Appropriate Act. After voting on Appropriation Bill, the finance bill is taken up for consideration.
According to sources, the government on Monday may try to take up for discussion and voting, demanding grants for the railway ministry for 2023-24 in Lok Sabha.

Apart from this, Lok Sabha may also take up a general discussion on the budget for the union territory of Jammu and Kashmir for 2023-24.
In addition to this, discussion and voting on the demands for grants for Jammu and Kashmir for 2023-24 may also be taken up this week.
If at all Lok Sabha manages to function smoothly, it may also take up discussion and voting, the supplementary demands for grants for Jammu and Kashmir for 2022-23.
The government will also try and get the parliament’s approval for the second batch of supplementary demands for grants for 2022-23.
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#disruptions #Centre #initiate #process #passage #budget
( With inputs from www.siasat.com )

March 19, 2023
Apple logs $65.8 bn in iPhone revenue as China disruptions hit supply

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New Delhi: Apple reported $65.8 billion in revenue for iPhones in the holiday quarter, down 8 per cent (year-over-year).
However, on a constant currency basis, iPhone revenue was roughly flat, according to the company.
Apple faced supply chain disruptions in October and November as China faced Covid surge and protests erupted at its key supplier Foxconn’s main factory in the country.
Cook said that Covid-related challenges “significantly impacted the supply of iPhone 14 Pro and iPhone 14 Pro Max and lasted through most of December”.
“Because of these constraints, we had significantly less iPhone 14 Pro and iPhone 14 Pro Max supply than we planned, causing ship times to extend far beyond what we had anticipated,” he noted.
Cook said that as a result of a challenging environment, “our revenue was down 5 per cent year over year”.
“But I’m proud of the way we have navigated circumstances, seen and unforeseen, over the past several years, and I remain incredibly confident in our team and our mission and in the work we do every day,” he said in an earnings call with analysts.
“Our customers continue to rave about the astounding camera capabilities and unprecedented battery life and the groundbreaking suite of health and safety features. The iPhone 14 lineup pushes the limits of what users can do with a smartphone,” he added.

During the quarter, Mac revenue came in at $7.7 billion, which was in line with what Apple had expected.
During the quarter, iPad revenue grew 30 per cent to a total of $9.4 billion.
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#Apple #logs #iPhone #revenue #China #disruptions #hit #supply
( With inputs from www.siasat.com )

February 3, 2023
Parliament proceedings likely to witness disruptions over Adani issue for 2nd day

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Delhi: Disruptions by Congress-led opposition are likely to stall proceedings of both houses of Parliament on Friday too, over the research firm Hindenburg’s allegations against Adani group.
The opposition parties had stalled proceedings on Thursday over the issue and according to sources aware of developments, disruptions are likely to continue.
Sources said that Congress and other major opportunity parties like the Trinamool Congress and DMK as well the Left parties are on the same page over launching vociferous protests against the government over the issue in both the houses today as well.
On Thursday, Leader of Opposition in Rajya Sabha Mallikarjun Kharge and other opposition parties sought an investigation into the allegations of fraud against one of India’s biggest conglomerates led either by Supreme Court or joint parliamentary committee.
Kharge has also called a meeting of like-minded opposition parties to discuss strategy in Parliament.
The Lok Sabha is expected to take up the motion of thanks on the President’s address, if proceedings are allowed to take off smoothly.
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#Parliament #proceedings #witness #disruptions #Adani #issue #2nd #day
( With inputs from www.siasat.com )

February 3, 2023