India’s 2026-27 Budget Aims for Self-Reliance and Global Economic Growth
The Indian government is preparing to unveil the Union Budget 2026-27 as a key tool for reinforcing self-reliance and speeding up national development. The budget will also focus on deepening global ties while addressing economic priorities. Prime Minister Narendra Modi recently held discussions with economists and experts at NITI Aayog to shape its direction.
The vision of Viksit Bharat—once a government goal—has now become a shared national ambition. This shift reflects broader public support for policies aimed at long-term growth and resilience.
On December 30, 2025, Prime Minister Modi met with a group of economists and specialists at NITI Aayog to gather input on the upcoming budget. No specific names of participants have been made public so far. The discussions centred on balancing immediate economic needs with reforms designed for sustained progress.
The Union Budget 2026-27 will place strong emphasis on infrastructure upgrades, manufacturing competitiveness, and innovation. Expanding the digital economy and easing trade barriers are also high on the agenda. Policymakers believe these steps will help India reduce dependence on external markets and absorb global shocks more effectively.
Artificial Intelligence (AI) and Digital Public Infrastructure (DPI) are expected to play a central role in driving economic transformation. The government sees these technologies as critical for modernising industries and improving efficiency. Alongside this, efforts to boost export competitiveness and diversify trade partners will be prioritised.
India’s position as a growing hub for the international workforce presents a strategic opportunity. With the right policies and infrastructure, this trend could further strengthen the country’s economic standing. The budget aims to create an environment where global talent and domestic growth reinforce each other.
The Union Budget 2026-27 will serve as a roadmap for India’s economic ambitions, blending short-term stability with long-term reforms. By focusing on self-reliance, digital expansion, and global integration, the government intends to build a more resilient and competitive economy. The final proposals will reflect inputs from experts and the broader goal of achieving Viksit Bharat.
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