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FM Sitharaman tables Economic Survey 2026 in Parliament
New Delhi: Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey 2026 in Parliament, which will set the official tone on how the economy of the country is performing on a strong note despite global uncertainties and US tariffs.
The Economic Survey will reveal India’s projected GDP growth estimates for the current fiscal (FY26) as well as the upcoming financial year (FY27). The key pre-budget document summarises the annual economic development of India and charts out short and medium-term prospects of the economy.
Chief Economic Advisor V Anantha Nageswaran will later explain the key findings of policy reforms as stated in the Economic Survey 2026, including key topics like rupee depreciation, geopolitical volatility and more.
Meanwhile, Sitharaman is the first woman to present Union Budget for the ninth consecutive time, making history in the Parliamentary history of the country, Prime Minister Narendra Modi said.
Addressing the 2026 Budget Session in Parliament, PM Modi said this is registered as a proud moment in the Parliamentary history of the country.
FM Sitharaman will present the 15th Budget of the PM Modi government on February 1. This will also be the second full Budget since the National Democratic Alliance (NDA) came to power for a third consecutive term in 2024.
Over the past decade or so, India has fortified its base across every major sector, laying a robust groundwork for future growth.
The Budget Session, spanning 30 sittings over 65 days, will adjourn on February 13 and reconvene on March 9 to allow parliamentary committees to examine ministry-wise Demands for Grants.
The Budget Session of Parliament began on January 28 and will be held in two phases. The first phase runs until February 13, while the second phase is scheduled from March 9 to April 2.
Under the changed system customers collect points rather than reward coupons, with £1 spent equalling one point.
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There have been extra jitters in UK government debt markets ahead of Thursday’s local and national elections.
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Sugarcane price hike: Govt raises FRP to Rs 365/quintal for 2026-27, farmers to benefit from higher returns – The Times of India
The government has increased the fair and remunerative price (FRP) of sugarcane by Rs 10 to Rs 365 per quintal for the 2026-27 season beginning October, PTI reported.The decision was approved by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi.“The FRP will be Rs 365/quintal for a basic recovery rate of 10.25 per cent,” Union Minister Ashwini Vaishnaw said after the meeting.The revised FRP is 2.81 per cent higher than the current rate of Rs 355 per quintal for the 2025-26 season.For every 0.1 per cent increase in sugar recovery above 10.25 per cent, the FRP will rise by Rs 3.56 per quintal, providing an incentive to mills for higher efficiency.To safeguard farmers supplying to mills with lower recovery rates, the government has decided that there will be no deduction in FRP for recovery below 9.5 per cent. In such cases, farmers will receive Rs 338.3 per quintal in the 2026-27 season.The production cost of sugarcane for 2026-27 has been estimated at Rs 182 per quintal, making the FRP 100.5 per cent higher than the cost.“Farmers are expected to get more than Rs 1 lakh crore,” Vaishnaw said.The move is expected to benefit nearly one crore sugarcane farmers, along with farm labourers and workers engaged in sugar mills.The FRP has been fixed based on recommendations of the Commission for Agricultural Costs and Prices (CACP) and consultations with state governments and stakeholders.The sugar sector supports the livelihoods of around five crore farmers and their families, and about five lakh workers directly employed in sugar mills, besides those involved in related activities such as transportation.Sugar mills are required to purchase sugarcane from farmers at the FRP or higher.Vaishnaw said the FRP has been increased every year over the past decade, and the latest revision will also support ethanol production from surplus sugarcane.On cane dues, he said that in the 2024-25 season, about Rs 1,02,209 crore, or nearly 99.5 per cent, of the total payable dues of Rs 1,02,687 crore had been cleared as of April 20, 2026.For the ongoing 2025-26 season, Rs 99,961 crore, or 88.6 per cent, has been paid out of total dues of Rs 1,12,740 crore.
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