Budget 2026: Union Finance Minister Nirmala Sitharaman is presenting the Union Budget 2026-27 today in the newly constructed ‘Kartavya Bhawan’. In this budget presented amid global uncertainties, the government has indicated a major strategic change in governance and economic planning. In his address, the Finance Minister outlined the ‘Three Duties’ (Kartavya), which will be the basis of the government’s roadmap for the upcoming financial year.
Finance Minister Nirmala Sitharaman clarified that the government will focus on three goals to realize the vision of ‘Sabka Saath, Sabka Vikas’.
What are these three duties of government?
Economic Sovereignty and Development: The first duty is to accelerate and sustain economic growth by enhancing productivity and competitiveness, so that India’s economy remains resilient amid global fluctuations.
Fulfillment of people’s aspirations: The second duty is to fulfill the aspirations of the citizens and build their capacity, so that they can become strong partners in the prosperity of the country.
Equitable Distribution of Resources: The third duty is to ensure that every family, community and region has access to resources and opportunities, so that the goal of inclusive development can be achieved.
This time’s budget is also being considered special because it is his ninth consecutive budget. With this achievement, she has become one of the few finance ministers who have presented the budget the most number of times.
The importance of the budget increased from political and economic point of view
People’s expectations from this budget have also increased a lot. The possibility of new announcements for farmers, students and middle class is being expressed. Apart from this, indications from the Economic Survey have shown that in this time’s budget the government can focus more on areas like employment, development and social security. Apart from this, big announcements can also be made for some election states, due to which the importance of the budget has increased from both political and economic point of view.
Experts believe that these goals announced from ‘Kartavya Bhawan’ will not only bring economic stability but will also strengthen the social infrastructure. This budget is being considered as a decisive step towards making India a ‘developed India’ by 2047.

