Modi, Sitharaman Meet Economists Ahead of Union Budget
ECONOMY & POLICY

Modi, Sitharaman Meet Economists Ahead of Union Budget

Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman recently held a crucial meeting with leading economists and industry experts to gather insights for the upcoming Union Budget. The meeting aimed to assess the current economic landscape and explore strategies to bolster growth and development.

The discussions focused on key areas such as inflation control, job creation, and boosting investment. Economists emphasised the importance of maintaining fiscal discipline while ensuring adequate public spending to stimulate economic activity. They also highlighted the need for policies that support small and medium-sized enterprises (SMEs), which are vital for job creation and economic stability.

One of the significant topics was the agricultural sector, where experts suggested measures to enhance productivity and income for farmers. The government?s push for digitalization and technological adoption in agriculture was also discussed as a means to modernize the sector and improve efficiency.

Infrastructure development was another critical point, with recommendations for increasing investment in transportation, logistics, and urban development to drive long-term growth. Economists stressed the importance of sustainable and inclusive growth, advocating for policies that address environmental challenges and social inequalities.

The meeting underscored the government?s commitment to formulating a comprehensive and balanced budget that addresses immediate economic challenges while laying the groundwork for future growth. The insights and suggestions from this consultation are expected to play a significant role in shaping the Union Budget, aiming for a robust and resilient economic recovery.

Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman recently held a crucial meeting with leading economists and industry experts to gather insights for the upcoming Union Budget. The meeting aimed to assess the current economic landscape and explore strategies to bolster growth and development. The discussions focused on key areas such as inflation control, job creation, and boosting investment. Economists emphasised the importance of maintaining fiscal discipline while ensuring adequate public spending to stimulate economic activity. They also highlighted the need for policies that support small and medium-sized enterprises (SMEs), which are vital for job creation and economic stability. One of the significant topics was the agricultural sector, where experts suggested measures to enhance productivity and income for farmers. The government?s push for digitalization and technological adoption in agriculture was also discussed as a means to modernize the sector and improve efficiency. Infrastructure development was another critical point, with recommendations for increasing investment in transportation, logistics, and urban development to drive long-term growth. Economists stressed the importance of sustainable and inclusive growth, advocating for policies that address environmental challenges and social inequalities. The meeting underscored the government?s commitment to formulating a comprehensive and balanced budget that addresses immediate economic challenges while laying the groundwork for future growth. The insights and suggestions from this consultation are expected to play a significant role in shaping the Union Budget, aiming for a robust and resilient economic recovery.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement