New Delhi – Prime Minister Narendra Modi convened a meeting with prominent economists on Monday to discuss the economic landscape and gather insights ahead of the formulation of the 2026-27 Union Budget. The meeting, held at the Prime Minister’s residence, focused on strategies to sustain India’s economic growth momentum and address emerging challenges.

Sources indicate that the discussions revolved around a range of topics, including global economic trends, fiscal policy options, and measures to boost investment and employment. The economists reportedly shared their perspectives on various sectors, including agriculture, manufacturing, and services, offering recommendations for targeted interventions.

Key Discussion Points

A key area of focus was the impact of global geopolitical uncertainties on the Indian economy. The economists emphasized the need for a resilient economic framework capable of withstanding external shocks. They also discussed the importance of maintaining fiscal discipline while prioritizing public investment in infrastructure and human capital.

The Prime Minister sought the economists’ views on strategies to enhance rural demand and improve the livelihoods of farmers. Discussions also touched upon the potential of leveraging technology to drive economic growth and promote financial inclusion. The role of the private sector in fostering innovation and creating jobs was also highlighted.

Several economists present at the meeting underscored the significance of continuing reforms to improve the ease of doing business and attract foreign investment. They also suggested measures to address supply-side bottlenecks and enhance the competitiveness of Indian industries. The conversation extended to the need for skill development initiatives to prepare the workforce for the future.

The meeting is seen as part of the government’s proactive approach to budget preparation, ensuring that the fiscal plan is well-informed and aligned with the evolving economic realities. The Prime Minister has consistently emphasized the importance of evidence-based policymaking and engaging with experts to formulate effective strategies.

Officials stated that the Prime Minister listened attentively to the economists’ suggestions and encouraged them to continue providing valuable inputs in the coming months. The government is expected to incorporate the insights gained from the meeting into the budget formulation process. The 2026-27 budget is anticipated to focus on accelerating economic growth, promoting inclusive development, and strengthening India’s long-term economic resilience. Further details regarding specific policy announcements will be revealed during the budget presentation in Parliament.

The economists who attended the meeting included leading figures from various research institutions and universities. The government’s commitment to consulting with experts demonstrates its dedication to sound economic management and sustainable development.

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