### PM Modi Engages Economists for Strategic Insights Ahead of Union Budget 2026-27 In a crucial move ahead of the Union Budget for 2026-27, Prime Minister Narendra Modi convened a meeting with prominent economists and sectoral experts on December 30, 2025. This meeting aimed to gather insights and recommendations to shape the upcoming budget, which is set to be presented in Parliament on February 1, 2026. The discussions focused on key areas such as economic growth, job creation, and public investment, reflecting the government's commitment to inclusive growth and sustainability amidst a challenging global economic landscape [https://money.rediff.com/news/market/pm-modi-meets-economists-on-2026-27-budget/39418620251230]. ### Structure of the Consultation Process 1. **Meeting Overview**: - PM Modi's meeting included Finance Minister Nirmala Sitharaman and officials from NITI Aayog, emphasizing a collaborative approach to budget formulation [https://www.devdiscourse.com/article/business/3744018-navigating-fiscal-waters-pm-modis-pre-budget-consultation]. 2. **Focus Areas**: - Key topics discussed included strategies for economic growth, job creation, and investment in technology and sustainability [https://www.republicworld.com/business/pm-modi-chairs-pre-budget-meet-2026-economists-pitch-growth-focus-on-jobs]. 3. **Public Engagement**: - The government has invited public suggestions through the MyGov platform, encouraging citizen participation in the budget-making process [https://www.republicworld.com/business/pm-modi-chairs-pre-budget-meet-2026-economists-pitch-growth-focus-on-jobs]. 4. **Contextual Challenges**: - The budget discussions are set against a backdrop of global economic uncertainties, including geopolitical tensions and trade tariffs impacting India's exports [https://www.etnownews.com/budget/union-budget-202627-pm-modi-to-meet-economists-industry-experts-on-dec-30-details-article-153365577]. ### Supporting Evidence and Data - **Meeting Participants**: The meeting included a diverse group of economists and industry leaders, ensuring a wide range of perspectives on the economic situation [https://www.thehindu.com/news/national/pm-modi-meets-economists-ahead-of-2026-27-budget/article70452395.ece]. - **Public Participation**: The MyGov initiative allows citizens to submit their views, reflecting a democratic approach to budget formulation [https://www.republicworld.com/business/pm-modi-chairs-pre-budget-meet-2026-economists-pitch-growth-focus-on-jobs]. - **Economic Indicators**: The discussions are particularly relevant given the anticipated challenges posed by a 50% tariff imposed by the United States on Indian shipments, which could affect trade dynamics [https://www.etnownews.com/budget/union-budget-202627-pm-modi-to-meet-economists-industry-experts-on-dec-30-details-article-153365577]. ### Conclusion: A Strategic Approach to Budget 2026-27 In summary, Prime Minister Modi's engagement with economists and sectoral experts marks a significant step in preparing for the Union Budget 2026-27. The focus on inclusive growth, job creation, and public input underscores the government's commitment to addressing current economic challenges. The strategic insights gathered from this consultation will play a crucial role in shaping a budget that aims to foster resilience and sustainability in India's economy. 1. **Engagement with Experts**: PM Modi's meeting with economists is a proactive approach to gather diverse insights [https://money.rediff.com/news/market/pm-modi-meets-economists-on-2026-27-budget/39418620251230]. 2. **Public Involvement**: The inclusion of public suggestions through MyGov highlights a commitment to participatory governance [https://www.republicworld.com/business/pm-modi-chairs-pre-budget-meet-2026-economists-pitch-growth-focus-on-jobs]. 3. **Addressing Global Challenges**: The discussions are timely, considering the global economic landscape and its implications for India [https://www.etnownews.com/budget/union-budget-202627-pm-modi-to-meet-economists-industry-experts-on-dec-30-details-article-153365577].