Prime Minister Narendra Modi recently engaged with economists and sectoral experts to gather recommendations aimed at enhancing economic growth and job creation for the upcoming Union Budget 2026-27. The consultation, which included senior officials from NITI Aayog and various experts, focused on strategies to boost growth and employment opportunities across different sectors. Finance Minister Nirmala Sitharaman was also part of the discussions.
Economists and experts were invited to provide insights on India’s economic landscape, future challenges, and potential development pathways. The deliberations revolved around proposed budget allocations to stimulate growth and employment, as well as initiatives to attract private investments. The meeting also addressed the importance of aligning workforce skills with industry demands for effective skill development.
Key topics of discussion encompassed enhancing exports, bolstering competitiveness in global markets amidst economic uncertainties, and the necessity for continued investments in major infrastructure projects like highways, ports, railways, and power initiatives. Participants also put forth suggestions regarding agriculture, MSMEs, startups, and other sectors to drive growth, job creation, and advance the vision of Atmanirbhar Bharat (self-reliant India).
Furthermore, the consultations highlighted the significance of promoting social and economic inclusivity to ensure equitable growth. Inputs were sought on the fiscal roadmap, emphasizing the importance of striking a balance between revenue generation through taxation and expenditure allocations while maintaining a declining fiscal deficit trajectory.
