Latest

Finance Minister Nirmala Sitharaman meets President ahead of Budget speech

Published by
PTI

Ahead of presenting her ninth consecutive Budget, Finance Minister Nirmala Sitharaman on Sunday called on President Droupadi Murmu.

As per established tradition, the finance minister met the President at the Rashtrapati Bhavan before heading to Parliament.

Sitharaman posed with her Budget team in front of her office at Kartavya Bhavan. Wearing a magenta-coloured Tamil Nadu’s Kanchivaram saree, she was holding a tablet in a red pouch with the national emblem, along with the Minister of State and all six secretaries in her ministry.

Also Read: North Block’s final chapter in budget-making

“Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman, along with Minister of State for Finance Shri Pankaj Chaudhary and senior officials of the Ministry of Finance, called on President Droupadi Murmu at Rashtrapati Bhavan before presenting the Union Budget. The President extended her best wishes to the Union Finance Minister and her team for the presentation of Budget,” President of India office said in a post on X.

President Murmu offered ‘dahi-chini’ (curd-sugar), considered auspicious, to Sitharaman before she left for Parliament to present the Union Budget.

Following the meeting, she headed for a Cabinet meeting that will formally approve the Budget for 2026-27.

Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a ‘bahi-khata’, which she used after dropping the briefcase tradition.

The Finance Minister will present her ninth straight Budget, which is expected to unveil measures to sustain growth momentum, maintain fiscal discipline, and announce reforms that could buffer the economy from global trade frictions, including US tariffs.

The FY27 Budget comes against a complex backdrop. While domestic demand has held up and inflation has moderated from recent highs, global uncertainties – including geopolitical tensions, volatile commodity prices and uneven monetary easing by major central banks – continue to cloud the outlook. At home, the government faces pressure to boost consumption, accelerate job creation and step up capital spending, while keeping the fiscal deficit on a downward path.

Read More: Cabinet approves Union Budget 2026-27

PTI

Published by
PTI

Recent Posts

Hantavirus reminder for Delhi: the danger is in the dust

As global concern grows over the Andes strain hantavirus outbreak linked to the cruise ship…

June 2, 2026

Delhi: Heavy police deployment in Chhatarpur as teen’s death triggers protest, road blockade

Police deployed in strength and roads barricaded in Chhatarpur as residents protest the death of…

June 2, 2026

MCD mayor assures detailed probe into Saket building collapse

MCD mayor promises a thorough investigation into the Saket building collapse, with action against officials…

June 2, 2026

NEET paper leak: Delhi court extends judicial custody of 5 accused till June 15

Five accused in the NEET paper leak case will remain in judicial custody until June…

June 2, 2026

DJB brings in irrigation dept equipment to improve Yamuna flow for better water supply

With Yamuna levels remaining critically low, the Delhi Jal Board has deployed irrigation department machinery…

June 2, 2026

House collapses in LPG blast in Delhi’s Mukundpur; 11 wounded, 1 critical

Eleven workers were rescued after an LPG cylinder blast triggered the collapse of a utensil-colouring…

June 2, 2026