Budget 2026 To Be Presented On February 1, Economic Survey On January 29; Parliament Session Dates Announced

1 min read     Updated on 01 Feb 2026, 08:25 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

The Union Budget 2025-26 will be presented on February 1, 2026, preceded by the Economic Survey on January 29. President Droupadi Murmu has approved Parliament's Budget Session in two phases from January 28 to April 2, 2026. This marks Finance Minister Nirmala Sitharaman's ninth consecutive budget and a rare Sunday parliamentary sitting for the annual financial statement.

powered bylight_fuzz_icon
29514501

*this image is generated using AI for illustrative purposes only.

The Union Budget for financial year 2025-26 will be presented on February 1, 2026, according to a proposal made by the Cabinet Committee on Parliamentary Affairs. The Economic Survey, serving as a precursor to the budget document, will be presented by Chief Economic Advisor V Anantha Nageswaran on January 29, 2026.

Parliament Session Schedule

President Droupadi Murmu has approved the summoning of both Houses of Parliament for the Budget Session 2026, as announced by Union Parliamentary Affairs Minister Kiren Rijiju. The session will be conducted in two distinct phases to accommodate the legislative calendar.

Phase Duration Dates
First Phase January 28 - February 13 17 days
Second Phase March 9 - April 2 25 days
Total Session Duration January 28 - April 2, 2026

Budget Presentation Details

Budget 2026 will mark Finance Minister Nirmala Sitharaman's ninth consecutive budget presentation. The February 1 date represents a continuation of the post-2017 budget calendar, which the government has maintained consistently since 2017.

Notable Parliamentary Sitting

The budget presentation on February 1, 2026, will constitute a rare Sunday sitting of Parliament for the annual financial statement. While the Union Budget has been presented on February 1 every year since 2017 regardless of the day of the week, Parliament has convened on Sundays only in limited circumstances in the past.

Previous Sunday Sittings Context
2020 Special circumstances
2012 Special circumstances
2026 Budget presentation

Timeline of Key Events

The budget preparation and presentation process follows a structured timeline leading up to the main event:

  • January 28, 2026: Parliament Budget Session commences
  • January 29, 2026: Economic Survey presentation by Chief Economic Advisor
  • February 1, 2026: Union Budget 2025-26 presentation
  • February 13, 2026: First phase of Budget Session concludes

The Economic Survey traditionally provides economic analysis and policy recommendations that set the context for the subsequent budget announcements. This sequence allows parliamentarians and stakeholders to review economic assessments before engaging with the government's fiscal proposals for the upcoming financial year.

like15
dislike