Budget 2026-27: Five things to know before announcement by Nirmala Sitharaman
GS3Economy · S&T · Environment · Security· Fiscal policy, budget & taxation (GST)· Prelims·
Why in news
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026-27 on February 1, 2026, marking her ninth budget speech.
Background
The Union Budget 2026-27 will be presented in Parliament on Sunday, February 1, 2026. It marks the ninth budget speech by Finance Minister Nirmala Sitharaman.
Facts for Prelims
- PostNirmala Sitharaman: Union Finance Minister of India
- FactUnion Budget 2026-27 presentation date: February 1, 2026
- FactNirmala Sitharaman's budget speech count: Ninth
For Mains
Q. Discuss the evolution of the Union Budget as a tool for fiscal policy and its role in reflecting the economic health of a developing nation like India.
Dimensions to cover in your answer
- Fiscal transparency: Transition from physical 'bahi khatas' to digital tablets for public accountability
- Economic signaling: Budgetary allocations as a primary indicator of national economic health and priorities
Keywords: Fiscal Policy · Union Budget · Economic Health · Public Finance · Budgetary Allocation
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