Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27 in Parliament, delivering her record ninth consecutive budget speech. In her address, Sitharaman said the Narendra Modi-led government’s “reform express” would continue with momentum, and highlighted the government’s economic approach over the last 12 years.

“The reform express is well on its way and will maintain its momentum to help us fulfill our duties. Since we assumed office 12 years ago, the country’s economic trajectory has been marked by stability, fiscal discipline, sustained growth and moderate inflation. This is the result of conscious choices we have made even in times of uncertainty and disruptions,” she said.

The budget has been presented against the backdrop of global geopolitical tensions, economic volatility and a continuing trade war environment. Several sectors, particularly export-oriented industries, have been seeking policy support and relief measures amid the impact of higher US tariffs imposed last year under the Trump administration. Ahead of the budget, Sitharaman tabled the Economic Survey 2025-26 in Parliament on January 29, 2026. The survey provided an overview of India’s macroeconomic situation and projected GDP growth of 6.8% to 7.2% in FY27, pointing to resilience despite persistent global uncertainty.