Parliament Budget Session 2026 to Begin January 28: Key Dates, Budget Timeline and Economic Outlook

The Parliament Budget Session 2026 will begin on January 28, 2026, Union Parliamentary Affairs Minister Kiren Rijiju announced. The session will continue until April 2, 2026, making it the longest and most important sitting of the year.

Rijiju shared the update on X and confirmed that President Droupadi Murmu approved the summoning of both Houses on the recommendation of the Government of India. The session will open with the President’s address, followed by a discussion on the Motion of Thanks.


Budget Session 2026: Complete Schedule

Parliament will function continuously until February 13, after which it will adjourn for a month-long recess. The Houses will meet again on March 9 and conclude proceedings on April 2.

The mid-session recess allows department-related standing committees to review the Demands for Grants of Union ministries and departments. This process plays a crucial role in shaping final budget allocations.

Parliament will not sit on January 29 due to the Beating Retreat ceremony, which marks the formal end of Republic Day celebrations.


Union Budget 2026: Important Dates

The government is likely to present the Union Budget 2026-27 on February 1, which falls on a Sunday. In recent years, the Centre has presented the Budget on weekends when required.

Ahead of the Budget, the government is expected to table the Economic Survey 2025-26 on January 20. The survey will provide a detailed review of India’s economic performance and highlight key challenges and opportunities.


GDP Growth Data Ahead of Budget 2026

Before the Budget session, the Ministry of Statistics and Programme Implementation (MoSPI) released fresh economic estimates. The data suggests that India’s real GDP growth will rise to 7.4 per cent in the current fiscal year.

This marks a clear improvement from 6.5 per cent growth recorded in 2024-25. Strong domestic demand and public spending continue to support economic momentum.

However, the outlook for nominal GDP growth appears weaker. MoSPI projects nominal growth at 8 per cent, the lowest level in five years. Nominal GDP does not adjust for inflation and plays a major role in Budget calculations.

The government uses nominal GDP figures to estimate tax revenue growth, fiscal deficit targets, and overall expenditure planning for the coming year.


Why the Budget Session 2026 Is Important

The Budget Session of Parliament sets the economic and legislative agenda for the year ahead. Lawmakers debate key policies, spending priorities, and reform measures during this period.

With real GDP growth improving and nominal growth slowing, the government faces a careful balancing act. It must support growth while maintaining fiscal discipline.

Expectations remain high for announcements related to infrastructure spending, employment generation, manufacturing, and social welfare schemes. The Budget 2026-27 will also reflect India’s strategy to navigate global economic uncertainty.

As the session begins on January 28, all eyes will remain on Parliament and the government’s roadmap for sustaining growth in the coming fiscal year.

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