All you need to know about India’s first Sunday Budget
New Delhi: This year’s Budget is drawing special attention because it is being presented on a Sunday. While Sunday is normally a holiday, Parliament will function as usual for the Budget presentation.
India's Union Budget is presented on February 1 each year, a practice that began in 2017. The idea behind this change was to give Parliament enough time to discuss, approve and put Budget proposals into action before the new financial year begins on April 1. Earlier, Budgets were usually presented at the end of February.
A similar situation arose in 1999, when February 28 fell on a Sunday. To avoid presenting the Budget on a holiday, then Finance Minister Yashwant Sinha, under the Atal Bihari Vajpayee-led NDA government, presented it a day earlier on February 27, a Saturday.
Until 1999, Union Budgets were presented in the evening, around 5 pm. This practice came from British colonial times, when announcements were timed to suit working hours in London.
Yashwant Sinha changed this tradition by presenting the Budget at 11 am. Since then, 11 am has remained the standard time for Budget presentations in India.
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Hyderabad–B’luru, Chennai-B’luru among seven high-speed rail corridors announced in budget
New Delhi: India will expand its high-speed rail network with seven new corridors as part of efforts to promote faster and environmentally sustainable passenger transport, Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2026 in Parliament on Sunday.
Outlining the government’s infrastructure plans, Sitharaman said the proposed high-speed rail corridors are aimed at improving connectivity between major economic and cultural centres, while also helping reduce the carbon footprint of long-distance travel.
“The government proposes to develop environmentally sustainable passenger transport systems through seven high-speed rail corridors,” the finance minister said in her Budget speech.
According to the announcement, the identified routes include Mumbai–Pune, Hyderabad–Bengaluru, Delhi–Varanasi, Varanasi–Siliguri, Pune–Hyderabad, Hyderabad–Chennai and Chennai–Bengaluru. These corridors are expected to link key metropolitan cities with fast-growing urban and industrial hubs.
