Quick Summary
As the countdown begins for the Union Budget 2026-27, FM Nirmala Sitharaman held the first pre-budget consultation meeting with leading economists in New Delhi on Monday, November 10. The meeting marks the beginning of a series of high-level interactions aimed at shaping the upcoming Budget, which is expected to focus on growth, employment generation and fiscal stability. According to the Ministry of Finance, "Union Minister for Finance and Corporate Affairs FM Sitharaman chairs the first Pre
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FAQ :
The first pre-Budget consultation meeting was held on Monday, November 10.
The meeting was chaired by FM Nirmala Sitharaman and attended by leading economists, the Chief Economic Advisor (CEA) V. Anantha Nageswaran, the Secretary of the Department of Economic Affairs (DEA), and other senior government officials.
The upcoming Budget is expected to focus on growth, employment generation, and fiscal stability.
Industry representatives have discussed simplifying tax structures, improving the ease of doing business, and ensuring liquidity support for MSMEs, along with proposals for direct and indirect tax policies.
Stakeholders emphasised strengthening agro-processing infrastructure, providing low-interest loans for food processing, enhancing value addition, establishing an R&D fund for agricultural innovation, improving crop insurance, and imposing import duties on crops under the MSP.
The Union Budget 2026-27 is expected to be tabled in Parliament in early February 2026.
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