The Economic Survey is a pre-budget document detailing the state of the economy over the last fiscal year. The Economic Survey is prepared under the supervision of the chief economic advisor and includes insights into the economy prepared by the economic division of the department of economic affairs in the ministry of finance.

The Budget for 2025-'26 will be presented by Union finance minister Nirmala Sitharaman on February 1. Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.

Earlier today, in his customary address ahead of the beginning of Budget session, Prime Minister Narendra Modi said that for the first time in 10 years, there has been no attempt from abroad to stoke any trouble ahead of the Parliament session. “I have been observing for the last 10 years, before every season, people get ready to do mischief and here we know that there is no shortage of people to escalate it,” PM Modi said.

The Budget session, the most important and the longest in a calendar year, will continue till April 4. Both the Houses will be adjourned for recess on February 13, to reassemble on March 10.

• Opposition parties indicated on Thursday that they will press the treasury benches over the Maha Kumbh stampede that led to the deaths of at least 30 people, among a host of other issues.
• At the customary all-party meeting chaired by defence minister Rajnath Singh, opposition leaders also indicated they will raise the issue of the controversial UGC draft regulations while leaders of the ruling NDA ally Janata Dal (United) suggested that the JPC on One Nation, One Election should have extensive debate.