New Delhi, January 28, 2026 β The most anticipated event in Indiaβs legislative calendar, the Budget Session of Parliament, officially commences today. Marking the beginning of the financial roadmap for the 2026-27 fiscal year, the session opens with a joint address by President Droupadi Murmu to both the Lok Sabha and the Rajya Sabha.
The session arrives at a pivotal moment as the government balances domestic growth targets with evolving global economic shifts. With the national focus shifting toward the vision of a “Viksit Bharat,” this session is expected to set the tone for infrastructure, digital transformation, and rural development.
President Murmuβs address today at 11:00 AM serves as a policy blueprint, highlighting the governmentβs achievements and outlining upcoming legislative priorities. Following the address, the “Motion of Thanks” will be debated by members across the political spectrum.
Parliamentary Affairs Minister Kiren Rijiju recently emphasized that the government is prepared to discuss all relevant issues within the rules, seeking cooperation from the opposition for a productive session. Meanwhile, opposition leaders have indicated plans to raise discussions on employment, inflation, and specific state-level grievances.
The 2026 Budget Session will be conducted in two distinct phases to allow for detailed scrutiny of departmental grants. Phase 1 starting on January 28 to February 13, 2026. Recess on February 14 to March 8 (Standing Committees will review the Demands for Grants).
The Phase 2 from March 9 to April 2, 2026. In total, the session will span 65 days with 30 scheduled sittings.
Following today’s opening, the Economic Survey 2025-26 is scheduled to be tabled tomorrow, January 29. This document, prepared under the guidance of the Chief Economic Adviser, will provide a comprehensive analysis of the Indian economyβs performance over the past year and an outlook for the months ahead.
In a rare move, Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on February 1, 2026, which falls on a Sunday. This marks her ninth consecutive budget, a historic milestone in Indian parliamentary history. Special arrangements have been made for the weekend presentation, including a special trading session by stock exchanges to allow for immediate market reactions.
What to Expect from Budget 2026? Market analysts and citizens alike are watching closely for announcements regarding Income Tax Reforms and possible adjustments to standard deductions and tax slabs to boost disposable income. Continued focus on infrastructure growth, the expansion of railways, highways, and green energy corridors. Incentives for the “IndiaAI” mission and domestic semiconductor manufacturing. Support for crop diversification and easier credit access for small businesses.
As the “Halwa Ceremony” concluded yesterday at North Block, the final printing of the budget documents is underway in total secrecy. From today’s presidential address to the final vote on April 2, the next two months will define Indiaβs economic trajectory for the coming year.
Read Also : Gold, silver ETFs slip amid easing global geopolitical tensions