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3mo ago

Budget Session Opens With President Murmu’s Address Ahead of Economic Survey and Sunday Budget

The government urges cooperation, saying VB‑GRAM‑G and SIR will not be reopened.

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The Budget is presented by the Union Minister of Finance, currently Nirmala Sitharaman on February 1 every year. This year February 1 collides with a Sunday, marking it the first year to have its budget to be presented on the weekly holiday,
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Overview

  • President Droupadi Murmu addressed the joint sitting of both Houses, opening a session scheduled for 30 sittings from January 28 to April 2 with a recess from February 13 to March 9.
  • The Economic Survey will be tabled on January 29, followed by the Union Budget on February 1, when Nirmala Sitharaman presents her ninth consecutive budget on an unusual Sunday sitting.
  • At an all‑party meeting, Parliamentary Affairs Minister Kiren Rijiju said the government is ready for budget-focused discussion but rejected fresh debates on the VB‑GRAM‑G Act and the SIR exercise.
  • Opposition parties plan to press issues including MGNREGA, SIR, paddy procurement, environmental concerns and jobs, with several leaders also flagging state‑specific grievances.
  • SBI Research has projected nominal GDP growth for FY27 at 10.5–11% and a fiscal deficit of roughly 4.2% of GDP, framing key assumptions for budget planning.