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FM Nirmala Sitharaman Chairs First Pre-Budget Talks With Economists For Union Budget 2026-27

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The meeting sees the participation of several eminent economists who shared their views and suggestions on the state of the economy and policy priorities for the next fiscal year.

Pre-Budget consultations are a crucial part of the budget-making process, allowing the government to take on board diverse perspectives from stakeholders across sectors before finalising the Union Budget.

Finance Minister Nirmala Sitharaman on Monday chaired the first pre-budget consultation with leading economists in connection with the upcoming Union Budget 2026-27, in New Delhi. The Budget 2026-27, which will be the ninth consecutive Budget to be presented by Sitharaman, will be tabled in Parliament on February 1. However, the official announcement is yet to be made.

The meeting saw the participation of several eminent economists who shared their views and suggestions on the state of the economy and policy priorities for the next fiscal year. The meeting was also attended by the Secretary, Department of Economic Affairs (DEA), the Chief Economic Adviser to the Government of India, and other senior officials from the Ministry of Finance.

“Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chairs the first Pre-Budget Consultation with leading economists in connection with the upcoming Union Budget 2026-27, in New Delhi, today. The meeting was also attended by secretary, Department of Economic Affairs (DEA), finance ministry; and chief economic adviser, Government of India, besides senior officers from the DEA,” the finance ministry said in a post on X on Monday, November 10, 2025.

Pre-Budget consultations are a crucial part of the budget-making process, allowing the government to take on board diverse perspectives from stakeholders across sectors before finalising the Union Budget.

The Indian economy gained momentum in the second quarter (July-September) of the current financial year Despite United States imposing higher tariffs on India in August, according to the finance ministry’s latest monthly economic review.

The report highlighted that against a global backdrop characterised by economic and trade policy uncertainty, India’s economy continued to strengthen in Q2 FY26.

It stated “this is particularly significant, as the United States imposed higher tariffs on India in August”.

This acceleration, despite external headwinds, highlights the resilience of the domestic economy and the effectiveness of ongoing structural reforms.

According to the monthly economic review, various supply-side high-frequency indicators (HFIs) displayed healthy trends, while demand conditions improved on the back of GST reforms and positive festive season sentiments, which spurred consumption.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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