New Delhi: The Union Budget 2026–27 was formally presented in Parliament on Sunday, with Finance Minister Nirmala Sitharaman highlighting that India’s economy continues to follow a stable and resilient growth trajectory despite global uncertainties and domestic challenges. The Budget, marking a historic ninth consecutive presentation by the finance minister, is expected to focus on infrastructure development, social welfare, strategic sectors, and fiscal prudence.
In her opening remarks, Sitharaman emphasized that the government’s policies have anchored the economy, allowing it to sustain robust growth while promoting inclusive development. “We are presenting a Budget that aims to accelerate output, enhance productivity, and strengthen economic stability,” she said, noting that sustained GDP growth has contributed to poverty reduction and overall societal development. She reiterated the government’s guiding principle of “Sabka Saath, Sabka Vikas” (Together with All, Development for All), underscoring the emphasis on inclusive progress across urban and rural India.
The finance minister also pointed to the Economic Survey 2026, which projects India’s GDP growth at 6.8 to 7.2 percent in the upcoming fiscal year. The Survey highlighted the importance of leveraging India’s demographic advantage, technological capabilities, and domestic reforms to drive sustainable growth. It also emphasized a sector-specific approach, encouraging investment in critical areas such as digital infrastructure, manufacturing, energy, and logistics.
Markets, businesses, and citizens are closely watching the Budget for policy directions on taxation, capital expenditure, and reforms that could influence investment decisions, consumption patterns, and employment creation. Analysts note that while Sitharaman’s assertion of stable growth is reassuring, external factors such as geopolitical tensions, global trade dynamics, and currency fluctuations will play a significant role in shaping the economic impact of the Budget.
The Union Budget session also includes the tabling of key economic documents and a subsequent discussion in both the Lok Sabha and Rajya Sabha. Observers expect announcements that will stimulate domestic demand, incentivize investment, and promote sustainable development, while maintaining fiscal discipline. Early focus is expected on infrastructure projects, handloom and manufacturing support, AI and digital innovation, and welfare schemes that directly impact citizens across sectors.
With Finance Minister Sitharaman emphasizing stability and resilience, the Budget 2026 presentation sets the stage for a year of strategic investments, growth-focused reforms, and measures to strengthen India’s position in the global economy. Stakeholders across industries are now waiting for detailed allocations and specific policy measures that will translate these broad objectives into actionable outcomes.