Finance
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2026 in Parliament on Thursday, setting the official tone for how the country’s economy is operating well despite global uncertainty and US tariffs.
The Economic Survey will show India’s predicted GDP growth rates for the current fiscal year (FY26) and the next fiscal year (FY27). The important pre-budget paper summarises India’s annual economic development and forecasts the economy’s near and medium-term prospects.
Chief Economic Advisor V Anantha Nageswaran will then highlight the important results of policy reforms outlined in the Economic Survey 2026, such as rupee devaluation, geopolitical uncertainty, and more.
Meanwhile, Prime Minister Narendra Modi announced that Sitharaman is the first woman to present the Union Budget for the ninth time in a row, marking history in the country’s Parliamentary history.
Addressing the 2026 Budget Session in Parliament, Prime Minister Modi stated that this is a proud time in the country’s parliamentary history.
FM Sitharaman will give the PM Modi government’s 15th budget on February 1. This will also be the second full budget after the National Democratic Alliance (NDA) took power for a third straight term in 2024.
Over the last decade or so, India has strengthened its basis in every major area, establishing a solid foundation for future expansion.
The Budget Session, which will include 30 sittings over 65 days, will adjourn on February 13 and reconvene on March 9 to allow parliamentary committees to evaluate ministry-specific Demands for Grants.
The Budget Session of Parliament began on January 28 and will be held in two stages. The first phase runs until February 13, while the second phase is slated from March 9 to April 2.
Source: IANS
