Archive · 31 Dec 2025
PM Modi Discusses Budget Priorities with Economists
Prime Minister Narendra Modi met with economists to talk about the upcoming budget for 2027.
He said the budget should focus on making India a strong and developed country by 2047.
The economists discussed how to make the economy better by increasing savings, improving infrastructure, and using new technologies like AI.
They also talked about how to create more jobs and help businesses grow.
India's economy is doing well and has become the fourth-largest in the world.
The government wants to make sure that everyone benefits from this growth, especially the young people who will shape the future.
PM Narendra Modi discussed budget priorities with economists, focusing on education, health, jobs, and household savings.
Economists advocated for lowering government capital expenditure to avoid crowding out private investment.
India's GDP reached $4.18 trillion, surpassing Japan to become the fourth-largest economy globally.
The government aims to achieve the vision of Viksit Bharat by 2047, with a focus on structural transformation and technological adoption.
Household financial savings have recovered but remain lower than pre-pandemic levels, posing challenges for economic growth.
- Who
- Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, NITI Aayog officials, and economists
- What
- Discussion on budget priorities and economic strategies
- When
- December 30, 2025
- Where
- New Delhi
- Why
- To shape the Budget FY27 and discuss medium-term economic trajectory and growth strategies
- Event
- Meeting with Economists
- Date
- December 30, 2025
- Participants
- PM Narendra Modi, Finance Minister Nirmala Sitharaman, NITI Aayog officials, and economists
- Key Focus Areas
- Education, health, jobs, household savings, and structural transformation
- Budget Theme
- Viksit Bharat and 2047 vision
- Economic Growth
- India's GDP reaches $4.18 trillion, poised to surpass Germany by 2028
- Household Savings
- Net financial assets of households at Rs 19.9 lakh crore (6% of GDP) in FY25
- Capital Expenditure
- ₹15.48 lakh crore (4.3% of GDP) allocated for FY 2025-26
Sources
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Paes, Gopichand to join PM Modi in VBYLD 2026
Economists pitch for recalibrating public capex to avoid crowding out of private investment
PM hints at ‘mission-mode’ reforms in multiple sectors
India surpasses Japan to become world's fourth-largest economy, poised to overtake Germany soon: Report
