The Cabinet, led by Prime Minister Narendra Modi, has given the green light to the Union Budget 2026-27 during a session at Parliament. Finance Minister Nirmala Sitharaman, after receiving Cabinet approval, proceeded to Parliament for the Budget presentation. Earlier, Sitharaman met President Droupadi Murmu and presented a digital copy of the budget.
Minister of State for Finance Pankaj Chaudhary, Chief Economic Advisor Dr V. Anantha Nageswaran, CBDT Chairman Ravi Agrawal, and other officials accompanied Sitharaman during the process. Sitharaman, known for her modern approach, carried her digital Budget documents in a ‘bahi-khata’, a tablet wrapped in a red cloth with the national emblem.
Sitharaman, set to present her ninth consecutive Union Budget, chose a maroon Kanjeevaram saree from Tamil Nadu for the occasion. Economists anticipate the Budget to balance growth sustainability and fiscal prudence amidst global uncertainties. The focus is expected to be on strategic capital expenditure to address current challenges.
