Prime Minister Narendra Modi is set to meet with a group of economists, policy thinkers, and financial experts as the government steps up preparations for the 2026–27 Union Budget, aiming to shape a forward-looking economic strategy for the coming financial year.
The meeting is expected to serve as an important platform for exchanging ideas on India’s macroeconomic outlook, global uncertainties, and domestic policy priorities. Economists are likely to share recommendations on managing inflationary pressures, sustaining high growth rates, improving employment generation, and strengthening fiscal discipline while continuing development-focused spending.
Key focus areas are expected to include infrastructure expansion, manufacturing and export growth, support for startups and MSMEs, digital transformation, and boosting private investment. Discussions may also cover reforms needed to enhance productivity, ease of doing business, and long-term competitiveness of the Indian economy.
The consultation comes at a time when India is navigating a challenging global environment marked by geopolitical tensions, volatile energy prices, and shifting trade dynamics. Against this backdrop, the government is keen to ensure that the upcoming budget strikes a balance between economic resilience and inclusive growth.
Officials indicated that inputs from economists will be considered alongside feedback from industry bodies, farmers’ groups, and state governments. Such pre-budget engagements are seen as a way to bring diverse perspectives into the policymaking process and fine-tune policy measures before final decisions are made.
The 2026–27 Union Budget is expected to place strong emphasis on job creation, capital expenditure, social welfare programs, and innovation-driven growth, while keeping a close watch on fiscal consolidation and revenue generation.
By reaching out to economists early, the government aims to align budget priorities with long-term national goals, reinforcing confidence among investors and stakeholders as India continues its growth trajectory.
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