Parliament reconvenes today for the second leg of its budget session (April 20-May 8, 2015). During the first leg, which ended on March 20, the government successfully passed the coal bill, the mining bill and the insurance bills; however, it was unable to pass the land acquisition bill through the Rajya Sabha (upper house) and had to reintroduce the ordinance in early April, said Sonal Varma, economist at Nomura Financial Advisory and Securities.
 
''In the second session, the Land Bill, a constitutional amendment bill on a goods and services tax, the Black Money Bill and the Real Estate Regulator Bill, among others, are expected to be considered. With opposition parties taking a very hard stance, the Land Acquisition Bill is likely to face very stiff opposition in the Rajya Sabha, where the government does not have a majority. We expect the other bills to sail through,'' Varma opined.

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