Budget Session 2026 Highlights: The second day of the Budget Session of Parliament began with Prime Minister Narendra Modi addressing the media at the Parliament House.
Finance Minister Nirmala Sitharaman tabled the Economic Survey of India 2025-2026 in the Lok Sabha. The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-March), as well as an outlook for the next fiscal.
The Lok Sabha has been adjourned till February 1.
Here are the Highlights of Parliament Budget Session 2026, Day 2:
Economic Survey Highlights Improvement In Labour Market: Roinet Solutions MD
Sameer Mathur, MD and founder of Roinet Solution, said the Economic Survey highlights a sharp improvement in labour market conditions, with overall unemployment declining from 6% in 2017-18 to 3.2% in 2023-24, while female labour force participation has risen from 23.3% to 41.7%.
"Monthly data for FY26 shows unemployment easing further, underscoring sustained momentum. This progress reflects the combined impact of structural reforms, formalisation, and last-mile service delivery models such as Business Correspondent programmes," he said.
"As AI moves from experimentation to early adoption, and the Survey's roadmap strengthens skills and data infrastructure, the opportunity ahead is to scale these service-led models deepening inclusion while raising productivity across the services economy," he added.
Preface Of Economic Survey 2025-26
- State requires a deeper shift towards entrepreneurial policy making under uncertainty
- India must run a marathon and sprint simultaneously, or run a marathon as if it were a sprint
- Economic survey emphasises optimism that the state machinery is capable of reinventing itself and its mission, shifting from regulation and control to enabling, given the deregulation and smart regulation initiatives undertaken by states in the last year
"India An Oasis Of Stability," Says Chief Economic Adviser
Chief Economic Adviser, V Anantha Nageswaran, called India an "oasis of stability" while addressing after Finance Minister Nirmala Sitharaman tabled the Economic Survey of India.
"India is achieving milestones, sustained growth momentum. The forex reserves are more than double," he said.
Union Budget 2026 Updates: FY27 GDP Growth Predicted To Be At 7.4%
The GDP growth for the financial year 2027 is projected to be at 7.4 per cent. Chief Economic Adviser, V Anantha Nageswaran, during a media briefing said, "If you look at the last few years in comparison to pre-Covid average, real GDP growth pre-Covid was 6.4% and in FY 25 was 6.5% and this year it is predicted to be 7.4%. Private final consumption expenditure growth is 7% for this year on top of 7.2% last year. We are achieving these high growth rates consumption and investment spending amidst a very moderate inflation environment. This year, it is projected to be about 1.7% on average so far for the first nine months of the year."
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— PIB India (@PIB_India) January 29, 2026
Economic Survey 2025-26: Press Conference by Chief Economic Advisor Dr. V. Anantha Nageswaran
📍National Media Centre, New Delhi#EconomicSurvey #EconomicSurvey2025_26 #BudgetSession #BudgetSession2026https://t.co/552REtc9R0
Union Budget 2026 Updates: Chief Economic Adviser's Address After Finance Minister Tables Economic Survey
V Anantha Nageswaran, chief economic adviser, addresses media after Finance Minister tables the economic survey.
Watch LIVE | Dr. V. Anantha Nageswaran, chief economic adviser addresses media after Finance Minister tables the economic survey https://t.co/asiMAx0rVL
— NDTV (@ndtv) January 29, 2026
'Worse Than 2008': Economic Survey's Big Warning On Global AI Infrastructure Budget 2026
The Economic Survey 2025-26 warns that a worst-case global scenario, driven by AI could trigger a systemic shock with consequences "worse than the 2008 global financial crisis," posing a direct threat to India's IT-driven white-collar job engine.
This low-probability but high-impact scenario, assigned a 10-20% chance by the Survey, envisions a cascading failure where technological overreach, geopolitical escalation, and financial stress collide. The Survey flags a specific vulnerability in the AI-heavy infrastructure sector, where business models rely on long-duration capital, narrow customer bases, and ambitious timelines.
Indian Economy Expected To Grow At 7.4% In Financial Year 2025-26
India's economy is projected to grow 7.4% in FY26 and 6.8-7.2% in FY27, driven by regulatory reforms, a strong macroeconomic base, and a renewed call for private sector investment, according to the Economic Survey 2025-26.
The survey, tabled in Parliament by finance minister Nirmala Sitharaman and authored by chief economic adviser V. Anantha Nageswaran, outlines how India plans to navigate a turbulent global economy, including tighter US tariffs and uncertainty around AI-led growth.
For the current fiscal, the 7.4% forecast aligns with the IMF's 7.3% and World Bank's 7.2% projections. FY27 growth is expected to moderate slightly, with the two multilateral bodies estimating 6.4% and 6.5% respectively.
Budget Session 2026 LIVE Updates: Lok Sabha Adjourned Till Feb 1
The Lok Sabha has been adjourned till February 1.
Video: Nirmala Sitharaman Lays Economic Survey Of India On Table
#BudgetSession2026
— SansadTV (@sansad_tv) January 29, 2026
Union Finance Minister @nsitharaman lays papers on the table.@nsitharamanoffc @FinMinIndia @LokSabhaSectt pic.twitter.com/SQBrb0ALpE
Budget Session LIVE Updates: Nirmala Sitharaman Tables Economic Survey of India
Finance Minister Nirmala Sitharaman tables the Economic Survey of India 2025-2026.
Budget Session 2026 LIVE Updates: Question Hour Begins In Lok Sabha
Question Hour begins in Lok Sabha ahead of Finance Minister Nirmala Sitharaman presenting the Economic Survey of India.
Budget Session LIVE Updates: "We Have Taken Off 'Reform Express', Says PM Modi
#WATCH | Budget session | PM Narendra Modi says, "It is natural for the attention of the country to be towards the Budget. But the identity of this Government has been reform, perform and transform. Now, we have swiftly taken off on 'Reform Express'. I express gratitude to all… pic.twitter.com/p9JpR7teTf
— ANI (@ANI) January 29, 2026
Budget Session 2026 LIVE Updates: PM Modi Calls India-EU Trade Deal A "Symbol Of Hope For Youth"
PM Modi, while addressing at the start of the second day of the budget session, praised the trade deal between India and European Union, calling it a "symbol of youth".
Budget Session LIVE Updates: PM Modi Addresses Media Ahead Of Budget Session Day 2
Prime Minister Narendra Modi addresses media at the start of the Budget Session of Parliament.
Speaking at the start of the Budget Session of Parliament. May both Houses witness meaningful discussions on empowering citizens and accelerating India’s development journey. https://t.co/tGqFvc4gup
— Narendra Modi (@narendramodi) January 29, 2026
Parliament Budget Session LIVE Updates: Nirmala Sitharaman To Present Economic Survey Of India In Lok Sabha At 12 PM
Finance Minister Nirmala Sitharaman is set to table the Economic Survey of India 2025-2026 in the Lok Sabha at 12 am. The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-March), as well as an outlook for the next fiscal.
A question hour will be held in the Lok Sabha from 11 am to 12 pm.
Budget Session LIVE Updates: PM Modi Likely To Address Media At 10:15 AM At Parliament House
Prime Minister Narendra Modi is likely to address the media at the Parliament House ahead of Finance Minister Nirmala Sitharaman's presentation of the Economic Survey of India in the Lok Sabha today.
