Finance Minister Nirmala Sitharaman presents the historic ninth Union Budget 2026 in Lok Sabha on February 1, a Sunday.
Finance Minister Nirmala Sitharaman presents the historic ninth Union Budget 2026 in Lok Sabha on February 1, a Sunday.
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Nirmala Sitharaman to present ninth budget today

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Finance Minister Nirmala Sitharaman will present the Union Budget 2026 in the Lok Sabha on February 1, 2026, a Sunday, marking the first time in independent India's history. This will be her ninth consecutive budget, including one interim. The budget is expected to emphasize economic reforms, fiscal discipline, and addressing global challenges.

New Delhi, February 1, 2026: Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 in the Lok Sabha at 11 AM today. This budget is being presented on a Sunday for the first time in independent India's history. According to the Economic Survey 2025-26, GDP growth for FY 2025-26 is estimated at 7.4%, with a range of 6.8-7.2% for 2026-27.

The budget will focus on sustaining growth momentum, maintaining fiscal discipline, and implementing reforms to shield the economy from global trade frictions like U.S. tariffs. Commerce Minister Piyush Goyal stated, "It will be a good Budget... I am very, very confident that it will be a very good Budget." It will support MSMEs and prioritize job creation.

Stock markets will remain open today, with NSE and BSE operating from 9:15 AM to 3:30 PM. Expectations suggest limited tax relief, but trade and customs reforms will be prominent. The budget speech will be live on Sansad TV, Doordarshan, and the official website.

Historically, two finance ministers—KC Niyogi (1948, 35 days) and HN Bahuguna (1979, 5.5 months)—did not present any budget. Sitharaman's presentation will match former Finance Minister P Chidambaram's record of nine budgets.

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Discussions on X emphasize the historic milestone of Finance Minister Nirmala Sitharaman presenting her ninth consecutive Union Budget 2026 on a Sunday, the first since independence. Positive reactions celebrate her record as the most budgets by any woman FM globally and anticipate economic reforms. Opposition figures criticize lack of benefits for states like Bihar and demand a non-election influenced budget with taxpayer relief. Skeptical users doubt relief amid fiscal discipline, predicting market volatility.

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Illustration of India's Economic Survey 2025-26 tabling in Parliament, highlighting GDP growth, reforms, manufacturing revival, and PM Modi's approval.
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India's economic survey 2025-26 highlights growth and reforms

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India's Economic Survey 2025-26, tabled in Parliament on January 30, 2026, projects robust GDP growth amid global uncertainties and recommends key reforms for strategic resilience. It emphasizes manufacturing revival, digital curbs and policy overhauls to bolster economic stability. Prime Minister Narendra Modi praised it as a roadmap for inclusive development.

India's Parliament budget session starts on January 28, 2026, with an address by President Droupadi Murmu to a joint sitting of both houses. Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on February 1. The opposition is gearing up to raise issues like MGNREGA, Ladakh, and Jammu and Kashmir.

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The Karnataka government has set its 2026-27 budget session from March 6 to 27, coinciding with ongoing speculation about a possible power shift between Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar. Siddaramaiah will present the budget on the opening day. Party leaders urge restraint amid public comments on the issue.

On January 13, 2026, the French National Assembly resumed examination of the 2026 finance bill, following the failure to reach agreement in the joint parliamentary committee in December. Economy Minister Roland Lescure assured deputies that the text is "within reach," urging a final effort for compromise. Yet few lawmakers believe it can pass without invoking article 49.3 or using ordinances.

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On the second day of India's Parliament Winter Session 2025, opposition leaders protested against the Special Intensive Revision of electoral rolls. Finance Minister Nirmala Sitharaman is set to move the Central Excise Amendment Bill for passage amid ongoing demands for debate. The session, the shortest since 1952, has seen disruptions and walkouts over key issues.

After a weekend suspension of debates, National Assembly deputies resumed discussions on November 17 on the revenues section of the 2026 finance bill, with over 1,500 amendments to review by November 23. In the evening, they tackle the end-of-management bill adjusting 2025 finances, featuring debates on the VAT revenue shortfall. Meanwhile, the Senate reviews the social security budget and removes the pension reform suspension.

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South Korea formally divided its Ministry of Economy and Finance into two entities on January 2, 2026, following anticipation of a potentially leaderless launch. The new Ministry of Planning and Budget, under the Prime Minister's Office, now handles budget functions, with former lawmaker Lee Hye-hoon nominated as its head.

 

 

 

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