By Raveena Kumari 
The Union Budget 2026-27 is scheduled to be presented on February 1, 2026, by Finance Minister Nirmala Sitharaman, marking her ninth Budget speech. The annual financial statement is closely watched by citizens, economists, and investors, as it provides a comprehensive overview of India’s economic health and outlines key fiscal priorities for the upcoming year.
Over the years, the presentation of the Union Budget has evolved significantly, reflecting both tradition and modernisation. Historically, the Budget was presented in ‘bahi khata’, or traditional ledger books, representing the meticulous record-keeping of the country’s finances. Later, ministers started using briefcases to carry the Budget documents to Parliament, symbolizing the formal announcement of India’s financial plans.
In recent years, the introduction of ‘blue sheets’ has replaced the bulky ledger books and briefcases. These sheets are printed on eco-friendly, lightweight materials, making it easier for ministers to present key figures and proposals efficiently. The evolution from bahi khata to blue sheets highlights India’s transition from traditional record-keeping to a modern, digitized approach in financial administration.
The Union Budget 2026 is particularly significant as it comes at a time of global economic uncertainty and domestic reforms, including tax policy changes, infrastructure investment plans, and strategies for economic growth and social welfare. Experts are keenly watching for announcements related to healthcare, digital economy, agriculture, education, and green energy initiatives, all of which play a crucial role in shaping India’s development trajectory.
Apart from fiscal allocations and tax proposals, the Budget also serves as a policy statement, offering insights into government priorities and long-term economic planning. With Nirmala Sitharaman at the helm for the ninth time, her Budget presentations have historically focused on inclusive growth, digitalisation, and fiscal prudence, making this year’s presentation highly anticipated by businesses, policymakers, and citizens alike.
The colourful history of the Union Budget – from bahi khata to briefcase to blue sheet – not only reflects India’s rich administrative heritage but also signifies the dynamic approach of the government toward transparency and accessibility. The presentation of Budget 2026 promises to continue this legacy, combining tradition with modern financial practices.
Shalu Shalu