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Parliament Budget Session 2026 Live: FTA deal with EU for Atmanirbhar Bharat, says PM Modi ahead of Economic Survey

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Parliament Budget Session 2026 Live: FTA deal with EU for Atmanirbhar Bharat, says PM Modi ahead of Economic Survey
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Why it matters

Budget Session 2026 Live Updates Finance Minister Nirmala Sitharaman will table the Economic Survey of India on Thursday presenting a comprehensive assessment of the economy ahead of the Budget She is set to present the Union Budget 2026 in the Lok Sabha on February 1 marking a record ninth consecutive Budget with expectations of reform measures to bolster growth amid global uncertainties The session began on Wednesday with President Droupadi Murmu addressing a joint sitting of Parliament Meanwhile opposition parties have sought discussions on issues such as the VB-G RAM-G Bill and the Special Intensive Revision SIR though Union Minister Kiren Rijiju has ruled out these debates noting they were taken up during the winter session Stay tuned to inditatodayin to get all the latest updates on the Budget Session

Key takeaways

  • Prepared by the Department of Economic Affairs under the Ministry of Finance, it presents the government’s assessment of the economy and sets the tone for its policy approach.
  • Parliament Budget Session 2026 Live: Direct taxes in focusAs Union Budget 2026 approaches, income tax changes remain central to financial planning.
  • Parliament Session: Economic survey to be tabled todayThe Union Budget for the 2026-27 financial year will be presented in the Lok Sabha on February 1, while the Economic Survey is scheduled for January 29.

Budget Session: PM Modi addresses media

Parliament Budget Session 2026 Live: PM Modi to address media shortly

Prime Minister Narendra Modi will address the media at Parliament ahead of Finance Minister Nirmala Sitharaman’s presentation of the Economic Survey in the Lok Sabha today.

Budget 2026: Actual economic growth often exceeds Economic Survey's projections

India’s economic growth has frequently surpassed the projections outlined in the Economic Survey. For 2025-26, GDP is expected to expand by 7.4 per cent, higher than the pre-Budget projection of 6.3-6.8 per cent. In 2023-24, the economy grew by 9.2 per cent, well above the Survey’s forecast of 6-6.8 per cent. Meanwhile, growth in 2024–25 stood at 6.5 per cent, aligning closely with the projected range of 6.5-7 per cent.

Budget Session: Insurance sector seeks long-term reforms

With the Budget approaching, the insurance industry is looking beyond short-term allocations or tax incentives, seeking structural reforms to drive sustainable growth. Stakeholders are focused on expanding insurance penetration, strengthening retirement security, and enhancing risk protection across life, health, and MSME-linked products.

Parliament Budget Session 2026 Live: Who prepares the Economic Survey?

Parliament Budget Session 2026: When and where to watch Economic Survey 2026 live?

Live coverage of the Economic Survey presentation will be available on Sansad TV and Doordarshan, with a livestream also accessible on the official Union Budget website, indiabudget.gov.in, from 11 am onwards. Additionally, updates will be shared on the official social media channels of the Finance Ministry and the Press Information Bureau.

Parliament Budget Session: What is Economic Survey?

The Economic Survey, released ahead of the Union Budget, is often seen as a report card of India’s financial health. Prepared by the Department of Economic Affairs under the Ministry of Finance, it presents the government’s assessment of the economy and sets the tone for its policy approach. The Survey reviews GDP growth prospects, inflation and monetary policy, fiscal trends, the external sector, and key social indicators, along with special chapters on emerging themes. It also provides projections for the upcoming fiscal year, and in recent years, India has often exceeded these estimates. 

Parliament Budget Session 2026 Live: Direct taxes in focus

As Union Budget 2026 approaches, income tax changes remain central to financial planning. Budget 2025 provided significant relief to salaried taxpayers, narrowed the gap between the old and new tax regimes, and set the tone for the evolution of personal taxation in the coming years.

Parliament Budget Session 2026: Historic Sunday budget

This will be only the second time the Union Budget is presented on a Sunday, the first being on February 28, 1999, by then Finance Minister Yashwant Sinha.

Parliament Session Live: Budget session began on Wednesday with Presidential address

The Budget Session of Parliament commenced on Wednesday, January 28, with President Droupadi Murmu delivering a joint address to both Houses in the Central Hall. 

Parliament Session: Economic survey to be tabled today

The Union Budget for the 2026-27 financial year will be presented in the Lok Sabha on February 1, while the Economic Survey is scheduled for January 29. Finance Minister Nirmala Sitharaman will present the Budget for a record ninth time. Afterwards, Chief Economic Adviser V Anantha Nageswaran will brief the media on the key findings of the Economic Survey.

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Curated by Aisha Patel

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Published: Jan 29, 2026

Read time: 3 min

Category: India