New Delhi, Feb 22 (IANS) With the Election Commission announcing the dates for the Uttar Pradesh assembly elections, the second half of the budget session of parliament is likely to be rescheduled, Parliamentary Affairs Minister Priyaranjan Dasmunsi said Thursday.

The new dates will be decided after consulting with all the political parties at the Business Advisory Committee meeting Feb 26, Dasmunsi said after a meeting of the union cabinet chaired by Prime Minister Manmohan Singh.

This proposed rescheduling will make no difference to the main budgetary business of parliament that starts Friday.

The railway budget will be presented by Railway Minister Lalu Prasad on Feb 26, the Economic Survey will be tabled on Feb 27 and on Feb 28 the union budget will be presented by Finance Minister P. Chidambaram.

"I have been advised to keep in mind three aspects while seeking all-party consensus on the rescheduling of the budget session, that the originally planned 42 sittings should not be compromised. Secondly that the financial business obligations should be fully taken care of and third that the standing committees of the various ministries get full time to discuss and deliberate on the demands of their respective ministries,'' said Dasmunsi.

The budget session of parliament consists of two parts with a recess of a few weeks in between. The first session is taken up by the presentation of the railway and general budgets and the second is devoted to discussions and their passage.

This year too, roughly, the same exercise was being followed. But after the announcement of the Uttar Pradesh election that may keep many of the MPs engaged in campaigns there, the second session is likely to be rescheduled, he indicated.