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Updated Dec 31, 2025 · 10:36
India News Updated Dec 31, 2025

PM Modi's Pre-Budget Talks: Economists Chart Path for a Self-Reliant, Developed India

Prime Minister Narendra Modi held an insightful pre-budget interaction with economists and experts, centered on the theme of "Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat." The meeting, also attended by Finance Minister Nirmala Sitharaman, gathered valuable inputs on strengthening self-reliance and driving economic transformation for a developed India. This session was part of extensive pre-budget consultations spanning ten rounds with stakeholders from agriculture, MSMEs, manufacturing, technology, and labor organizations. The government is concurrently inviting suggestions from the general public to help shape the policies and plans for the upcoming Union Budget 2026-27.

"Insightful interaction with economists," PM Modi meets experts, discussed Aatmanirbharta and structural transformation

New Delhi, December 31

Prime Minister Narendra Modi interacted with economists and experts and listened to their views on the theme of "Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat," according to a social media post shared by him on Wednesday.

In the post, the Prime Minister said the interaction was insightful and focused on understanding expert perspectives related to India's development agenda.

He noted that economists and specialists shared valuable inputs on strengthening self-reliance and driving structural transformation in the economy as part of the vision for a developed India.

"Had an insightful interaction with economists and experts yesterday. They shared valuable perspectives relating to the theme of 'Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat,'" the Prime Minister said in the post.

Prime Minister Narendra Modi on Tuesday chaired a pre-Budget meeting with leading economists in New Delhi.

At the meeting, Finance Minister Nirmala Sitharaman, NITI Aayog Vice Chairman Suman Bery and other eminent economists were present.

At the meeting, the discussions focused on key priorities and inputs for the upcoming Union Budget.

Earlier, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman held 10 rounds of Pre-Budget Consultations as part of the preparations for the forthcoming Union Budget 2026-27. The meetings brought together representatives and experts from key sectors of the economy, including agriculture and MSMEs, capital markets, manufacturing, services, and technology.

The series began with consultations with leading economists, followed by representatives from farmer associations and agricultural economists. Subsequent sessions engaged stakeholders from MSMEs, capital markets, startups, manufacturing, BFSI (Banking, Financial Services and Insurance), information technology, tourism and hospitality, and finally trade unions and labour organisations.

During these meetings, sector experts and stakeholders presented their recommendations, challenges, and expectations for the upcoming Budget. The discussions focused on economic growth, employment generation, investment climate, technological advancement, industrial competitiveness, financial sector stability, labour welfare, and sustainable development.

The Union Budget is typically presented on February 1 of each year. This year too, Finance Minister Nirmala Sitharaman is likely to present the Union Budget for 2026-27 in Parliament on February 1.

Meanwhile, the Government of India is seeking suggestions for the upcoming Budget 2026 from the general public to help make new rules and plans for the country.

— ANI

Reader Comments

Priya S

It's encouraging that consultations are being held with so many sectors. The inclusion of trade unions and labour organisations is particularly important. Development should be inclusive and not leave the working class behind. 🤞

Rohit P

All these meetings sound great on paper. But will the suggestions from farmers and MSMEs actually be implemented? We've heard promises before. Action and execution are what matter for Viksit Bharat.

Sarah B

As someone working in the tech startup space, I'm glad the IT sector was consulted. For true self-reliance, we need more policy support for deep-tech R&D and easier access to domestic capital. Looking forward to the budget announcements!

Karthik V

Structural transformation must address the rural-urban divide. Investments in agricultural infrastructure, food processing, and rural logistics are key. Hope the economists emphasized this. Jai Kisan!

Michael C

A respectful criticism: While self-reliance is important, we must not become protectionist. The agenda should balance Aatmanirbharta with integrating into global value chains. India's growth needs both.

Neha E

The fact that they are asking for suggestions from the general public is a good step towards participatory governance. Let's all contribute thoughtfully. Our voices

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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