Union Budget to be presented on Sunday for the first time; Economic Survey on Jan 29
Union Budget 2026: This time, the country's Budget 2026 will be presented on February 1st, a Sunday. The Parliament's budget session will begin on January 28th and continue until April 2nd. The President has given her approval. The President's address will be on January 28th. The Economic Survey will be presented on January 29th. Despite being a Sunday, the budget will be presented on February 1st. The first phase of the budget session will end on February 13th. The second phase will begin on March 9th and continue until April 2nd.
The President's address will be on January 28th and the Economic Survey will be presented on January 29th.
The session will be held in two phases
Citing the tentative schedule decided by the Cabinet Committee on Parliamentary Affairs, officials said on Friday that President Droupadi Murmu will address a joint sitting of both Houses on January 28th. The President's traditional address takes place on the first day of the first session of the year. Due to the Beating Retreat ceremony, there will be no sitting of both Houses on January 29th.
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No Lok Sabha-Rajya Sabha meeting on January 31st
Parliament will meet on January 30th, the day the Economic Survey is likely to be presented. After this, there will be no sitting of the Lok Sabha and Rajya Sabha on January 31st. The Union Budget will be presented on February 1st. After the discussion on the Motion of Thanks on the President's address and the Union Budget, Parliament will adjourn on February 13th for a break of about a month.
Parliament to resume sitting on March 9th
Parliament will resume its sitting on March 9th and the session will conclude on Thursday, April 2nd. Officials said that usually, the Parliament session adjourns on a Friday. However, keeping in mind Good Friday on April 3rd and the subsequent weekend, the session may conclude on April 2nd.
How special will this budget be?
This budget is going to be different in many ways. First of all, breaking with tradition, the budget will be presented on February 1st, a Sunday. Even more surprising is the fact that for the first time, there is no Finance Secretary in the Finance Ministry, yet budget preparations are in full swing.
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Summary
Usually, the Finance Secretary is the most senior officer in the Finance Ministry. Their major responsibilities include coordinating between different departments of the ministry, overseeing major budget-related decisions, and guiding the entire process. In simple terms, the Finance Secretary is considered the conductor of the budget machinery.
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