Lucknow, February 1
Uttar Pradesh minister Suresh Kumar Khanna on Sunday said he hopes the Union Budget will accelerate development and generate more employment opportunities.
He also expressed confidence that it will further boost business growth under Prime Minister Narendra Modi's leadership.
Speaking to ANI in Lucknow, Khanna said, "I hope this budget will move the development forward. The budget will also include provisions to create as many jobs as possible. Under the guidance of PM Modi, the country became the 4th largest economy... I hope that businesses will increase."
Union Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2026-27 in the Lok Sabha today as part of the ongoing Budget session of Parliament.
According to the Lok Sabha Business List, the House will meet at 11 am.
Sitharaman will present a statement of the estimated receipts and expenditure of the Government of India for the year 2026-27.
The Finance Minister will also lay on the table two statements under Section 3(1) of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
These include the Medium-term Fiscal Policy-cum-Fiscal Policy Strategy Statement and the Macro-economic Framework Statement.
The List of Business further states that Sitharaman will move for leave to introduce the Finance Bill, 2026, in the Lok Sabha. She will also formally introduce the Bill.
The Finance Bill gives legal effect to the government's financial proposals.FM Sitharaman is set to present India's ninth consecutive Union Budget.
On Thursday, Union Finance Minister Nirmala Sitharaman tabled the Economic Survey of India in Parliament for the financial year 2025-26.
The tabling of the Economic Survey ahead of the Budget follows the long-standing tradition of outlining the state of the economy before detailing future fiscal plans.
The Economic Survey of India is regarded as the nation's official annual "report card" on the economy. It provides a comprehensive, data-backed review of the economy's performance over the previous year and offers a broad roadmap for future policy direction. As the government's flagship annual report, it reviews key economic developments over the past 12 months.
- ANI
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