In the pre budget meeting with country’s top economists and experts, Prime Minister Narendra Modi on Tuesday called for mission-mode reforms across diverse sectors to sustain long-term growth to achieve the vision of Viksit Bharat by 2047.
The discussions all through the meeting focused on shaping the upcoming Union Budget for 2026-27. Finance Minister Nirmala Sitharaman and Niti Aayog officials also participated in the meeting which was chaired by Prime Minister. This objective of the strategic meeting was to gather diverse perspectives for the nation's financial roadmap. The Budget presentation is scheduled for February 1.
Interacting with a group of eminent economists and experts at NITI Aayog ahead of Union Budget for 2026-27, Modi also made a case for building world- class capabilities and attaining global integration.NITI Aayog Vice Chairman Suman Bery and other eminent economists were present in the meeting in which discussions focused on key priorities and inputs for the upcoming Union Budget.
The theme of the interaction was ‘Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat’.He stressed that India’s policy making and budgeting must remain anchored with the vision for 2047. 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 Prime Minister spoke about the need to ensure that the nation remains a vital hub for the global workforce and international markets.Speaking about Viksit Bharat as a national aspiration, he noted that the vision of a developed India by 2047 has transcended government policy to become a genuine mass aspiration.
During the interaction, the economists shared strategic insights on enhancing productivity and competitiveness across the manufacturing and services sectors.The participants also noted that the unprecedented flurry of cross sectoral reforms in 2025, and their further consolidation in the coming year, will ensure that India continues to chart its path as one of the fastest growing global economies by strengthening its foundations and unlocking newer opportunities.
The discussion focused on accelerating structural transformation through increased household savings, robust infrastructure development, and the adoption of cutting-edge technology.The group explored the role of Artificial Intelligence (AI) as an enabler of cross-sectoral productivity and also discussed the continued scaling of India’s Digital Public Infrastructure (DPI).
Principal Secretaries to Prime Minister P K Mishra and Shaktikanta Das, Chief Economic Adviser (CEA) V Anantha Nageswaran, Niti Aayog CEO BVR Subrahmanyam, and other members of the Aayog also presented their views in the meeting.Besides, several renowned economists and experts were part of the discussion, including former CEA Shankar Acharya, Ashok K Bhattacharya, N R Bhanumurthy, former RBI MPC member Ashima Goyal, Dharmakirti Joshi, Umakant Dash, Pinaki Chakraborty, Indranil Sen Gupta, Samiran Chakraborty, Abhiman Das, Rahul Bajoria, Monika Halan and Siddhartha Sanyal.
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