Session Inauguration and Address
The Parliament Budget Session of 2026 commenced with a joint sitting addressed by President Droupadi Murmu. President Murmu emphasized the government's
dedication to achieving true social justice and highlighted India's advancements across various sectors. Prime Minister Modi lauded the President's address, describing it as comprehensive and insightful. This initial address set the tone for the session, focusing on inclusive growth and the nation's progress. The proceedings started with an obituary reference for former Bangladesh PM Khaleda Zia. This provided a moment to remember Khaleda Zia on the first day of the Budget session, acknowledging her contributions.
Budget Presentation Timeline
The Union Budget 2026-27 is slated to be presented in the Lok Sabha on February 1st. This marks a crucial moment, detailing the government's financial plans and allocations for the upcoming fiscal year. Before the budget presentation, the Economic Survey is scheduled to be tabled. This survey provides an in-depth analysis of the Indian economy, offering insights into its performance, challenges, and prospects. This detailed analysis allows for a better understanding of the budgetary decisions. The budget will also be delivered in a paperless format again, continuing the move towards digital practices within the Parliament.
Key Session Discussions
The session involves important discussions and debates on several key issues. The opposition expressed their desire to discuss the Strategic Investment and Regional Masterplan (SIR) and the G-RAM-G initiative. However, the government has declined any new debate on these topics. Opposition leaders are scheduled to meet to determine their strategies for the session. These discussions are key for ensuring a well-rounded and effective budget process. Furthermore, the North Block remains a central location to the budget process, underlining the importance of the logistical and historical aspects related to financial planning.
Historical Context and Changes
The preparations for the budget and the session have evolved over time. The 'Halwa Ceremony' continues to be a crucial event, setting the stage for the budget's lock-in period. The traditional ceremony marks the beginning of the final stages of budget preparation. The printing and presentation of the budget have changed over the years, including the transition to a paperless format. This transformation reflects technological advancements and a commitment to modernizing parliamentary procedures. The session also acknowledged significant events. For instance, the Parliament paid tribute to former Bangladesh PM Khaleda Zia on the first day, demonstrating respect for international relations.
