PM Modi Holds Pre-Budget 2026 Meeting with Economists and Sector Experts, Calls for Mission-Mode Reforms

Prime Minister Narendra Modi held a key pre-budget meeting on December 30, 2025, with economists and sector experts to gather inputs for the Union Budget 2026-27.  

The session focused on implementing mission-mode reforms across sectors to meet the nation's aspiration for development by 2047. 

PM Modi's Key Emphasis on Reforms and Global Positioning 

During the interaction at NITI Aayog in New Delhi, PM Modi stressed the importance of mission-mode reforms to position India as a globally competitive and integrated economy.  

Finance Minister Nirmala Sitharaman, NITI Aayog Vice Chairman Suman Bery, CEO BVR Subrahmanyam, and other officials were present at the meeting. 

The discussions featured strategies to strengthen institutional capacity and plan infrastructure proactively to support global mobility, growing aspirations, and consumption patterns across India. 

Input from Economists and Sector Experts 

Economists and experts shared insights on enhancing productivity in manufacturing and services sectors.  

Suggestions focused on increasing household savings, boosting infrastructure development, and accelerating technology adoption across industries. 

Artificial Intelligence was identified as a vital tool to improve efficiency across sectors, and there was also discussion on expanding India’s Digital Public Infrastructure (DPI), which plays a crucial role in delivering public services. 

Focus on Vision for 2047 

PM Modi reiterated that the idea of a developed India by 2047 is now a public aspiration and not just a policy objective. This sentiment, he observed, is evident in education choices, rising consumption, and international mobility among citizens. 

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Backdrop of Economic Challenges 

The upcoming budget will be presented in the backdrop of global economic uncertainties, including a 50% tariff imposed by the US on Indian exports.  

The government aims to enhance India's presence as a global services provider, emphasising sectors such as healthcare, education, AI, tourism, and professional services. 

Conclusion 

The pre-budget meeting chaired by PM Modi provided a platform for in-depth dialogue on key economic issues, with a strong emphasis on structural reforms and global integration to support the national vision toward 2047. 

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