What Insights Did PM Modi Gather from Experts Ahead of Budget 2026-27?

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What Insights Did PM Modi Gather from Experts Ahead of Budget 2026-27?

Synopsis

PM Modi's recent session with top economists and sectoral experts aims to shape India's economic future. With a focus on growth, job creation, and sustainable development, this meeting sets the stage for the upcoming Union Budget 2026-27. Discover the key takeaways that could influence India's trajectory on February 1.

Key Takeaways

  • Focus on Economic Growth: Strategies discussed to enhance overall economic performance.
  • Job Creation: Emphasis on generating more employment opportunities.
  • Infrastructure Investment: Need for significant investments in key infrastructure projects.
  • Skill Development: Aligning workforce skills with industry requirements.
  • Export Boosting Measures: Strategies to strengthen India's position in global markets.

New Delhi, Dec 30 (NationPress) Prime Minister Narendra Modi convened a meeting on Tuesday with a panel of economists and sector-specific specialists to gather insights on enhancing economic growth and generating additional job opportunities as part of the preparatory discussions for the Union Budget 2026-27, which is anticipated to be presented in Parliament on February 1.

High-ranking officials from NITI Aayog, alongside notable economists and sector experts, participated in the session. Finance Minister Nirmala Sitharaman also attended the discussions.

Participants were asked to present their perspectives on India's current economic landscape, development strategies, and potential future challenges, as noted by an official.

The deliberations focused on budgetary provisions across various sectors aimed at stimulating growth and job creation. Suggestions also included strategies to attract greater private investment within the economy.

Additionally, the meeting highlighted the necessity of enhancing the skill sets of the workforce to align with industry demands.

Measures to boost exports and reinforce India's position in international markets, particularly in light of global economic volatility stemming from US tariff issues, were also topics of discussion.

The gathering emphasized the importance of further investments in major infrastructure projects—including highways, ports, railways, and power initiatives—to maintain a robust growth trajectory and create more employment opportunities.

Participants proposed recommendations for advancing agriculture, MSMEs (Micro, Small, and Medium Enterprises), startups, and other sectors, all aimed at fostering growth, job creation, and advancing the vision of Atmanirbhar Bharat (self-reliant India).

Moreover, the discussions addressed necessary steps for furthering social and economic inclusion to ensure equitable growth in the nation.

Input on the fiscal strategy was also shared, highlighting the need to balance revenue generation through taxation with spending allocations while ensuring a decline in the fiscal deficit, as mentioned by the official.

Point of View

The discussions led by PM Modi reflect a proactive approach towards addressing India's economic challenges. By engaging with experts, the government showcases its commitment to creating a robust economic environment that prioritizes growth, job creation, and inclusivity. This aligns with the nation's agenda to foster sustainable development and resilience amid global uncertainties.
NationPress
31/12/2025

Frequently Asked Questions

What was the purpose of PM Modi's meeting with economists?
The meeting aimed to gather insights on enhancing economic growth and job creation as part of the preparations for the Union Budget 2026-27.
When is the Union Budget 2026-27 expected to be presented?
The Union Budget 2026-27 is anticipated to be presented in Parliament on February 1.
Who participated in the brainstorming session?
Senior officials from NITI Aayog, leading economists, sector experts, and Finance Minister Nirmala Sitharaman were part of the session.
What key issues were discussed during the meeting?
The discussions revolved around budget allocations for growth, private investment attraction, skill development, and enhancing India's competitiveness in exports.
How does this meeting align with the Atmanirbhar Bharat initiative?
The suggestions from the meeting aimed at promoting sectors like agriculture and MSMEs, aligning with the Atmanirbhar Bharat goal of self-reliance.
Nation Press