Budget 2025-26: FM Sitharaman Engages Stakeholders in Pre-Budget Talks

Union Finance Minister Nirmala Sitharaman held the fourth pre-budget meeting on Thursday in New Delhi, engaging with stakeholders from the export, trade, and industry sectors to gather inputs for the Union Budget 2025-26. The Finance Ministry shared the update via a social media post, highlighting the participation of Minister of State for Finance Pankaj Chaudhary, the Finance Secretary, and other key officials.

Prime Minister Modi’s Interaction with Economists

Earlier this week, Prime Minister Narendra Modi met with a panel of economists and thought leaders at NITI Aayog to discuss strategies for the upcoming Budget. This interaction emphasised the government’s focus on aligning economic policies with long-term growth objectives.

State-Level Pre-Budget Meeting in Jaisalmer

On December 20, Sitharaman attended a pre-budget consultation in Jaisalmer with finance ministers from various states and union territories. The meeting also included the chief ministers of Goa, Haryana, Jammu and Kashmir, Meghalaya, and Odisha, as well as deputy chief ministers from states like Arunachal Pradesh, Bihar, Madhya Pradesh, Rajasthan, and Telangana.

Consultations with Diverse Stakeholders

As part of the Budget preparations, the Finance Minister conducted discussions with MSMEs, farmers’ associations, and economists. These consultations aim to incorporate a wide range of perspectives and make the policy framework inclusive and effective.

Looking Ahead to Budget 2025-26

The Union Budget for 2025-26, set to be presented on February 1, 2025, will mark Sitharaman’s eighth Budget as Finance Minister. The Budget is expected to provide key insights and strategies to guide India’s economic growth during the remainder of the Modi government’s term.

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