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Budget 2026-27 Begins: Nirmala Sitharaman Meets Economists and Agriculturists

The first pre-Budget consultation meeting for Union Budget 2026-27 has begun in New Delhi. Finance Minister Nirmala Sitharaman chaired the session with leading economists this morning. Another round of consultations with agriculturists and farmer organizations is scheduled for the afternoon. These meetings mark the beginning of the government's annual budget preparation process that gathers inputs from various stakeholders.

Key Points: Nirmala Sitharaman Pre-Budget 2026-27 Meeting with Economists

  • First pre-Budget meeting for 2026-27 held with leading economists in New Delhi
  • Consultation with agriculturists and farmer organizations follows afternoon session
  • Meetings gather suggestions from diverse stakeholders for budget formulation
  • Industry chambers submitted memoranda seeking tax reforms and manufacturing boost
  • Budget preparation process includes multiple stakeholder consultations annually
2 min read

Pre-Budget meeting for Budget 2026-27 begins with Economist and Agriculturists

Finance Minister Nirmala Sitharaman chairs first pre-Budget consultations with economists and agriculturists for Union Budget 2026-27 in New Delhi.

"Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the first Pre-Budget Consultation with leading economists - Ministry of Finance"

New Delhi, November 10

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with country's leading economists in New Delhi in connection with the upcoming Union Budget 2026-27.

The meeting was attended by the Secretary, Department of Economic Affairs (DEA), Ministry of Finance, along with the Chief Economic Adviser to the Government of India and senior officers from the Department of Economic Affairs.

In a social media post the Ministry of Finance stated "Union Minister for Finance & Corporate Affairs Smt.@nsitharamanchairs the first Pre-Budget Consultation with leading economists in connection with the upcoming Union Budget 2026-27, in New Delhi".

The pre-Budget consultation with economists started at 10 am and will continue till 12 noon. This will be followed by another round of consultations with eminent agriculturists and farmer organisations scheduled from 1 PM to 3 PM.

These meetings mark the beginning of the series of pre-Budget discussions that the Finance Ministry conducts every year as part of the budget preparation process.

A pre-Budget meeting is a consultation and discussion process held by government finance officials and the Finance Minister with various stakeholders before the final annual budget is formulated and presented to the legislature.

These meetings serve as an important platform for the Finance Minister to gather suggestions, demands, and inputs from a wide range of participants including industry associations, trade unions, economists, state government officials, and representatives from the social sector.

Through these discussions, the Finance Ministry aims to ensure that the Union Budget reflects diverse perspectives and addresses the needs of different sectors of the economy.

The consultations with economists and agriculturists today mark the first phase of the government's broader engagement process leading up to the presentation of the Union Budget 2026-27.

Union Budget is typically presented on February 1 of each year. This year also Finance minister Nirmala Sitharaman will table the Union Budget for 2026-27 on 1st February in parliament.

Various chamber of commerce including Confederation of Indian Industries (CII), Federation of Indian Chamber of Commerce and Industry (FICCI) and PHD Chamber of Commerce and Industry (PHDCCI) have submitted their pre-Budget memorandum for the Union Budget 2026-27 to the ministry.

They have urged the government to adopt a series of direct tax reforms, increase tax base, take measures to bolster manufacturing, innovation, and tax compliances.

- ANI

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Reader Comments

R
Rohit P
While I appreciate the consultation process, I hope this isn't just a formality. The budget needs to address the real issues - inflation control, job creation, and supporting MSMEs. Too many times we see great discussions but limited implementation.
A
Arjun K
Excellent initiative! Including economists and agriculturists in the same day shows balanced approach. Agriculture contributes significantly to our GDP and needs focused attention. Jai Kisan! 🇮🇳
S
Sarah B
As someone working in the development sector, I hope they allocate more funds for education and healthcare. These are the foundations of a strong economy. Quality education for all should be the priority.
M
Michael C
The tax reforms suggested by industry chambers are crucial. Simplifying GST and reducing compliance burden will boost manufacturing and attract more foreign investment. Make in India needs this push!
K
Kavya N
Hope they discuss climate-resilient agriculture and sustainable farming practices. With changing weather patterns, our farmers need modern techniques and better insurance coverage. This is vital for food security.

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

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