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Sitharaman Opens Pre‑Budget Consultations for Union Budget 2026–27

New Delhi sessions begin a weeklong outreach to gather inputs on growth, jobs, fiscal priorities.

Overview

  • Finance Minister Nirmala Sitharaman launched the process with a meeting of leading economists in New Delhi attended by the Department of Economic Affairs secretary and the Chief Economic Adviser.
  • Economists discussed maintaining fiscal prudence while supporting investment-led growth, improving private capex recovery, and strengthening employment generation.
  • A separate session engaged agriculturists and farmer groups on rural incomes, productivity, agri‑infrastructure, better price realisation for farmers, and climate resilience.
  • Further rounds this week will bring MSME and manufacturing representatives, with expected focus on credit flow, ease of doing business, and steps to boost domestic production and exports.
  • Industry bodies have submitted proposals for tax-system modernization, including faster dispute resolution, TDS simplification and digitised customs, and the Budget is expected to be presented on February 1, 2026.