When is Union Budget of India? Date, time & key details
GS3Economy · S&T · Environment · Security· Fiscal policy, budget & taxation (GST)· Prelims·
Why in news
Union Parliamentary Affairs Minister Kiren Rijiju confirmed the dates and schedule for the presentation of the Union Budget for the fiscal year 2026-27.
Background
The Union Budget for the fiscal year 2026-27 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2026, at 11 am. The budget session of Parliament is scheduled to commence on January 28 and conclude on April 2, 2026.
Facts for Prelims
- FactUnion Budget 2026-27 presentation date: February 1, 2026, at 11 am
- FactBudget Session duration: January 28 to April 2, 2026
- PostNirmala Sitharaman: Finance Minister of India
- PostKiren Rijiju: Union Parliamentary Affairs Minister
For Mains
Q. Discuss the significance of the Union Budget as a primary instrument of fiscal policy and its role in achieving socio-economic objectives in India.
Dimensions to cover in your answer
- Fiscal multiplier: Impact of capital expenditure on infrastructure and job creation
- Revenue mobilization: Balancing progressive taxation with ease of doing business
- Allocative efficiency: Prioritizing public goods vs. subsidies in the fiscal framework
Keywords: Fiscal Policy · Budgetary Allocation · Revenue Expenditure · Capital Expenditure · Parliamentary Procedure
More Economy notes
- Fisheries Ministry to meet envoys to find new seafood export markets · 20 January 2026
- Kerala government cuts vehicle fitness test fee by up to 50% · 20 January 2026
- WEF 2026: Maharashtra signs investment MoUs worth ₹14.5 lakh crore on first day at Davos · 20 January 2026
- Himachal Cabinet gives nod to levy ‘orphan and widow cess’ on petrol, high-speed diesel · 19 January 2026
- Naidu at Davos announces ₹50-crore fund to boost entrepreneurship · 19 January 2026
- Modi to flag off three Amrit Bharat Express trains in Kerala on January 23 · 19 January 2026
Something wrong, or something missing?
Spotted a mistake in a note, or want a topic, format or PDF that would help your preparation? Write to us. We read every mail and fix errors fast.
This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.