The Union Budget for the financial year 2026-27 will be presented in Parliament today. For the first time in history, the Finance Minister's budget speech will be delivered on a Sunday. A formal announcement in this regard was made by Lok Sabha Speaker Om Birla, stating that Finance Minister Nirmala Sitharaman would present the budget in Parliament on February 1, 2026. Now that the country's general budget is to be presented in the House on a Sunday for the first time, let's look at the complete schedule for the presentation of the Union Budget 2026-27.

Sitharaman Nears Morarji Desai's Record
Budget 2026-27 is also particularly significant for Finance Minister Nirmala Sitharaman personally. This will be her ninth consecutive budget. With this budget presentation, Finance Minister Sitharaman will come very close to the record for presenting the most budgets, set by former Finance Minister Morarji Desai. Morarji Desai presented a total of 10 budgets during his tenure. Nirmala Sitharaman is now just one step away from that historic figure.

Budget Session Began on January 28
President's Address: The session began on January 28 with an address by President Droupadi Murmu. She addressed a joint sitting of members of both Houses in the Lok Sabha chamber.

Economic Survey: Following the President's address, the Finance Minister presented the Economic Survey in both Houses of Parliament on January 29.

Recess from February 13 to March 9
To ensure thorough scrutiny of parliamentary procedures and budget proposals, the session has been divided into two phases:

First Phase: From January 28 to February 13
Recess: After February 13, the session will be adjourned and will resume on March 9. This interval will be used by parliamentary committees to examine the budget proposals.

Second Phase: Expected to run from March 9 to April 2.
The government has officially designated February 1 as 'Budget Day'. The decision to present the budget on a Sunday and Nirmala Sitharaman's ninth budget makes the upcoming session significant from both a political and economic perspective. Now all eyes will be on what economic roadmap the government presents for the financial year 2026-27.

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