Encounter News Punjabi

President Murmu Extends Auspicious ‘Dahi-Cheeni’ Gesture to FM Sitharaman Ahead of Union Budget 2026

WhatsApp Channel Join Now

New Delhi: Ahead of the presentation of the Union Budget 2026–27 in Parliament, President Droupadi Murmu on Sunday offered ‘dahi-cheeni’ (curd and sugar) to Union Finance Minister Nirmala Sitharaman at Rashtrapati Bhavan, continuing a long-standing tradition associated with good fortune.

The symbolic ritual, regarded as an auspicious start before an important task, took place during the Finance Minister’s customary pre-Budget meeting with the President. Minister of State for Finance Pankaj Chaudhary was also present during the interaction, where Sitharaman briefed the President on key aspects of the Budget.

Earlier, the Finance Minister was seen arriving at Rashtrapati Bhavan carrying her signature ‘bahi-khata’ — a tablet wrapped in a red cloth emblazoned with the golden national emblem. She was accompanied by senior officials, including Chief Economic Adviser Dr V Anantha Nageswaran, Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal and other Finance Ministry officials.

Sitharaman is scheduled to present her ninth consecutive Union Budget at 11 am in the Lok Sabha, a milestone that will see her match former Finance Minister P Chidambaram’s record and surpass that of Pranab Mukherjee. Former Prime Minister Morarji Desai continues to hold the record for presenting the highest number of Union Budgets, with ten to his credit.

The Budget will outline the estimated receipts and expenditures of the Government of India for the financial year 2026–27. In line with statutory requirements, the Finance Minister will also table two statements under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 — the Medium-term Fiscal Policy-cum-Fiscal Policy Strategy Statement and the Macro-Economic Framework Statement.

Additionally, Sitharaman will seek permission to introduce the Finance Bill, 2026, in the Lok Sabha and formally place it before the House. The Finance Bill provides the legal backing for the government’s taxation and financial proposals announced in the Budget.

Earlier this week, Sitharaman tabled the Economic Survey for 2025–26 in Parliament, adhering to the tradition of presenting an assessment of the economy ahead of the Budget. Considered the government’s annual economic report card, the Survey offers a detailed review of economic performance over the past year and sets the context for upcoming fiscal decisions. Prepared by the Economic Division of the Department of Economic Affairs under the Chief Economic Adviser, the document is presented in two parts covering various sectors of the economy.

The Budget Session of Parliament will comprise 30 sittings spread over 65 days and is scheduled to conclude on April 2. Both Houses will adjourn on February 13 for a recess and reconvene on March 9, allowing parliamentary committees to scrutinise the Demands for Grants of different ministries and departments

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group

Latest Articles

South Korean President Lee Jae Myung arrives in New Delhi for landmark State Visit

New Delhi: President Lee Jae-myung of the Republic of Korea arrived...

Four feared dead in massive multi-vehicle pile-up on NH 50 in Karnataka

Vijayanagara: At least four people are feared dead and several others...

ED raids Kolkata Police official and businessman in Sona Pappu syndicate case

Kolkata: The Directorate of Enforcement (ED) launched a series of high-profile...

Centre Explains Timing of Women’s Quota Push After Bill Fails in Lok Sabha

New Delhi: A day after the proposed legislation to reserve seats for...

Distress Call Surfaces After Indian Tankers Come Under Fire in Strait of Hormuz

Tehran: A tense maritime episode unfolded in the Strait of Hormuz...

Centre Extends PMGSY-III Till 2028 With ₹83,977 Crore Outlay to Boost Rural Connectivity

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi,...

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here