Parliament’s Budget Session: All-Party Meeting on January 27 chaired by Kiren Rijiju

January 22, 2026

New Delhi: Union Parliamentary Affairs Minister Kiren Rijiju will convene an all-party meeting of floor leaders of both Houses of Parliament on January 27, ahead of the upcoming Budget Session.

According to sources, the meeting will be held in the main committee room of Parliament. The meeting is expected to discuss important national issues and legislative business that the government plans to take up during the upcoming session.

Budget Session Dates and Details

The Budget Session will run from January 28 to April 2, with a recess in between. The first phase of the session will be from January 28 to February 13, and the second phase from March 9 to April 2. A total of 30 sittings will be held during this period.

The Union Budget for 2026-27 will be presented on February 1. The session will formally begin with an address by the President of India, Droupadi Murmu, to the members of both Houses – the Lok Sabha and the Rajya Sabha.

Finance Ministry Reviews Customs Duty Rates

Ahead of the budget, the Finance Ministry on Wednesday highlighted previously announced customs duty rates on the social media platform X.

In previous budget sessions, to make India a global electronics hub and promote domestic manufacturing of electronic goods, the Union Finance Ministry had announced a basic customs duty (BCD) of 20 percent on flat panel displays. This was aimed at correcting the inverted duty structure.

Along with this, the BCD on open cells and key components was reduced to 5 percent.

Changes under the ‘Make in India’ Policy

The Finance Minister wrote in a social media post, “The BCD on Interactive Flat Panel Displays (IFPD) is being increased from 10 percent to 20 percent, and the BCD on Open Cells and other components is being kept at 5 percent.”

To further encourage local manufacturing of open cells, the BCD on certain parts of open cells for LCD/LED TVs has been completely exempted. The Finance Ministry stated that “in the 2023-24 budget, the Basic Customs Duty (BCD) on open cell parts of LCD/LED TVs was reduced from 5 percent to 2.5 percent. Now, it is being completely exempted.”

Significance of the meeting

The all-party meeting scheduled for January 27 is expected to finalize the agenda for the budget session and ensure the smooth functioning of the upcoming session.