The Lok Sabha has resumed discussion on the Finance Bill 2026. The Bill seeks to give effect to the financial proposals of the Central Government for the financial year 2026-2027. Union Finance Minister Nirmala Sitharaman had moved the bill in the House yesterday.
Participating in the discussion today, Manish Tewari of Congress said that the energy shock caused by the closure of the Strait of Hormuz has a negative impact all over the world. He questioned whether, in light of the changing global situation is the Budget is still valid. Mr Tewari said the Budget estimates laid out last month are outdated now. He said India was exporting 77 per cent of crude oil, and in 2025-26 it reached 88 per cent.

Naveen Jindal of BJP said, when the Bill is passed it will bring greenery to the fields of the farmers, give employment to the youth and guarantee a secure and developed future for 140 crore Indians. He said, the legislation is not about any party, it is about the future of the nation. Mr Jindal took on the opposition saying that when the government talks about and works on growth and development, the opposition focuses on protests and disruptions. He said, when policies are clear and intentions are honest, the public itself comes forward to participate in nation-building. He added that in the last five years, there has been a massive increase in the collection of direct taxes and indirect taxes.

Ramprit Mandal of JD (U) commended the Government for allocating six per cent more budget to the agriculture sector. He also raised the matter of crop loss due to unseasonal rains and hailstorms in Bihar and requested compensation to farmers.

Pushpendra Saroj of Samajwadi Party asked the government to give details on funds given to Uttar Pradesh under Jal Jeevan Mission, Namami Gange and MGNREGA. He said, the conflict in West Asia has a major impact on the common man.