NEW DELHI, December 30, 2025 — Prime Minister Narendra Modi on Monday called for mission-mode reforms across diverse sectors to sustain long-term growth, framing the upcoming Union Budget for 2026 as a critical step toward the goal of a developed India by 2047. During a pre-budget consultation with economists at NITI Aayog, the Prime Minister argued that policy must continue to be rooted in the “Viksit Bharat” goal.
What is the core message for Budget 2026?
Prime Minister Narendra Modi directed that India’s policy making and budgeting must remain anchored with the vision for a developed India, or Viksit Bharat, by 2047. Interacting with economists at NITI Aayog under the theme ‘Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat’, he emphasized the need for mission-mode reforms to sustain long-term growth. He stated that this vision has now transcended government policy to become a genuine mass aspiration.
What reforms were discussed?
The discussion centred on speeding up structural change through three main pillars: higher household savings, strong infrastructure growth, and the use of advanced technology. Participants said the surge of cross-sector reforms in 2025, along with their strengthening next year, would keep India among the world’s fastest-growing economies. In a pre-budget meeting with NITI Aayog economists, the Prime Minister stressed that the “Viksit Bharat” goal must remain the core of policymaking.
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Who contributed to the pre-budget consultation?
The meeting was attended by Finance Minister Nirmala Sitharaman, Principal Secretaries to the Prime Minister P K Mishra and Shaktikanta Das, and NITI Aayog leadership including Vice Chairman Suman Bery and CEO BVR Subrahmanyam. Chief Economic Adviser V Anantha Nageswaran was also present. Several independent economists participated, including former CEA Shankar Acharya, former RBI MPC member Ashima Goyal, and economists Dharmakirti Joshi, Samiran Chakraborty, and Siddhartha Sanyal.
How does this connect to the public?
Earlier in December, the Union Government sought direct suggestions from the general public for Budget 2026 via the MyGov platform. A December 20 post on X by MyGovIndia invited citizens to “share your suggestions for Union Budget 2026-27 and contribute to the policies that promote inclusive growth and National development.” The goal of this public consultation project, which operated concurrently with the high-level expert meeting, was to add more comprehensive perspectives to the budgeting process.
FAQ
Q: What is the “Viksit Bharat” vision?
A: It is the national goal for India to become a developed nation by the year 2047, which the Prime Minister stated has become a mass aspiration beyond just government policy.
Q: What was the main theme of the pre-budget meeting?
A: “Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat” was the theme.
Q: Which key areas were discussed for structural transformation?
A: The discussion centered on increasing household savings, building robust infrastructure, and adopting cutting-edge technology like AI.
Q: Can the public contribute to Budget 2026?
A: Yes. The government, via MyGovIndia, has publicly invited suggestions from citizens for the upcoming budget to help shape policies.
