New Delhi: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026 in Parliament today, February 1, marking her ninth consecutive budget under the leadership of Prime Minister Narendra Modi. The presentation is historic, as it is the first time India’s Union Budget will be delivered on a Sunday.
Ahead of the budget, the Economic Survey 2026 projected strong economic momentum for the country. It estimated India’s GDP growth at 7.4 per cent in the financial year 2025–26, with growth expected to moderate slightly to a range of 6.8 to 7.2 per cent in FY27. The survey attributed the outlook to sustained regulatory reforms, a stable macroeconomic environment, and a renewed emphasis on boosting private sector investment.