Budget 2022 date and time, key expectations, FM's speech, and more

The Budget 2022 session of the Parliament began on Monday. Here's all you need to know about Budget date, time, Economic Survey, Budget speech and more

Budget session 2022: The Budget Session of the Parliament started on Monday with President Ram Nath Kovind addressing a joint session of the Houses. The session will be held in two parts – the first part of the session would conclude on February 11, 2022. After a month-long recess, part two of the session would begin on March 14, 2022, and conclude on April 8, 2022.

Budget 2022 date and time: The Union Budget, which is the most extensive account of the Central government’s finances, will be presented by the Finance Minister Nirmala Sitharaman on February 1, at 11 am. 

Budget speech 2022: The duration of a budget speech can generally range somewhere between 90 minutes to 120 minutes. However, in 2020, Sitharaman had delivered the longest budget speech in Indian history, which lasted around 160 minutes.

How is the Union Budget presented in the Parliament?

The Finance Minister briefs the Union Cabinet through a 'summary for the Cabinet' just before presenting the Budget. The Union Budget is tabled in the Parliament after the FM's speech has concluded.

Economic Survey

After President Kovind’s address to both the houses on Monday, the Economic Survey 2021-22 was tabled.

The Economic Survey is presented by the government before the Budget. It describes the state of the economy during the past one year, the key challenges it anticipates, and their possible solutions.