Parliament Budget Session 2026 LIVE: Budget session to begin today; parties line up key issues like SIR, MGNREGA for debate
GS2Polity · Governance · IR· Parliament & state legislatures· Prelims + Mains·
Why in news
The Budget Session of Parliament 2026 commenced on January 28, 2026, with the President's address to a joint sitting of both houses.
Background
The session includes the presentation of the Economic Survey by Finance Minister Nirmala Sitharaman on January 29, 2026, and the Union Budget on February 1, 2026. Defence Minister Rajnath Singh chaired an all-party meeting to outline the session's agenda.
Facts for Prelims
- PostNirmala Sitharaman: Union Finance Minister presenting the Economic Survey and Union Budget.
- PostRajnath Singh: Union Defence Minister who chaired the all-party meeting for the Budget Session.
- FactThe Union Budget is scheduled for presentation on February 1, 2026.
- BodyThe Budget Session involves a joint sitting of the Lok Sabha and Rajya Sabha for the President's address.
For Mains
Q. Discuss the significance of the Budget Session in ensuring parliamentary oversight over fiscal policy and the accountability of the executive.
Dimensions to cover in your answer
- Fiscal transparency: Ensuring the Economic Survey provides a data-driven basis for budgetary allocations
- Legislative scrutiny: Balancing party-centric demands like MGNREGA with national fiscal consolidation targets
Keywords: Parliamentary oversight · Fiscal policy · Executive accountability · Budgetary scrutiny · Joint sitting
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