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Finance Minister Nirmala Sitharaman outside Parliament before presenting the Budget for 2019-20 (via Twitter).

Budget Session: Economic Survey 2019-20 To Be Presented In Parliament Today

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The budget session of the Parliament is set to commence from Friday (31 January) with an address by President Ram Nath Kovind to joint sitting of both the houses, reports India Today.

Economic Survey for the financial year 2019-20 will be presented in both the houses of the Parliament today by the Chief Economic Advisor Krishnamurthy V Subramanian.

The survey gives a detailed account of the state of the economy, prospects and the policy challenges. It reviews economic growth forecasts, giving out detailed reasons why it believes the economy will expand faster or decelerate.

The Union budget 2020-21 will be released tomorrow by Finance Minister Nirmala Sitharaman. As per reports, the first phase of the session will conclude on 11 February, while the second part of the session will begin from 2 March and end on 3 April.