New Delhi, February 10: Both Houses of Parliament are scheduled to continue the general discussion on the Union Budget 2026–27 on Tuesday.
The Rajya Sabha will resume its debate on the Budget, while the Lok Sabha is expected to take up the discussion after recent disruptions amid a stalemate between the opposition and ruling parties.
According to the List of Business, in the Lok Sabha, MPs Azad Kirti Jha and Robert Bruce C will present reports of the Standing Committee on Chemicals and Fertilisers. Union Minister Jitin Prasada will make a statement on the status of implementation of recommendations contained in the 188th Report of the Standing Committee on Commerce on “Comprehensive Strategy to Map Major Products and Countries to Maximise Exports and Minimise Imports”.
In the Rajya Sabha, Rwngwra Narzary and Naresh Bansal will table reports of the Department-related Parliamentary Standing Committee on Chemicals and Fertilisers for 2025–26.
Minister of State for Petroleum and Natural Gas, Suresh Gopi, will make a statement on the status of implementation of observations and recommendations contained in the Fifth Report (Eighteenth Lok Sabha) of the Department-related Parliamentary Standing Committee on Petroleum and Natural Gas. The report pertains to action taken by the government on the recommendations of its Twenty-third Report (Seventeenth Lok Sabha) on the “Review of Policy on Import of Crude Oil”.
On Monday, the Rajya Sabha had taken up the discussion on the Union Budget. Initiating the debate, former Finance Minister and Congress leader P Chidambaram criticised the government, describing the Budget as “parsimonious” and “forgetful of the past year”, and said it would soon fade from public memory.
Chidambaram highlighted several challenges flagged in the Economic Survey. “I will take up only four challenges: capital investment, which has remained stuck at around 30 per cent of GDP for nearly 12 years; net FDI in 2024–25, which has collapsed to less than 0.09 per cent; foreign portfolio investors pulling out; and private investment, which remains at about 22 per cent of GDP despite companies being cash-rich. In such a situation, the government has cut capital expenditure,” he said.
He also alleged cuts in spending on agriculture, rural development and the Jal Jeevan Mission.
Taking part in the debate, Congress leader Randeep Singh Surjewala said the Union Budget had let down villages, farmers and marginalised sections of society. He claimed the government had “sacrificed the interests of farmers under the India–US trade deal”.
Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget on February.(Agencies)
