Finance Minister Nirmala Sitharaman on Tuesday presided over the fourth round of pre-Budget consultations with major capital market stakeholders. The meeting forms part of the government’s broader effort to collect sector-specific inputs for the Union Budget 2026–27. According to the Ministry of Finance, the discussions focused on the expectations, policy priorities, and concerns of market participants.
The ministry stated in a post on X that “Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the fourth pre-Budget consultation with capital market stakeholders for the upcoming Union Budget 2026–27.” Union Minister of State for Finance Pankaj Chaudhary, the Secretary of the Department of Economic Affairs, and the Chief Economic Adviser also attended the meeting.
This session is part of a broader series of pre-Budget meetings the ministry has lined up across multiple sectors. The government kicked off its week-long consultation schedule on November 18 with representatives from the capital markets, followed by discussions with startups and the manufacturing industry.
On November 19, the agenda will move to banking, financial services and insurance (BFSI) companies, as well as the information technology (IT) sector. Stakeholders from the hospitality and tourism industries are set to meet the Finance Minister on November 20, after which labour unions will hold their consultation.
Officials and industry leaders from infrastructure, energy and urban development are slated for discussions on November 21. The final round is scheduled for November 26 and will involve internal officers and social sector representatives.
Last week, Sitharaman commenced the first phase of consultations by engaging with prominent economists, with Chief Economic Adviser V. Anantha Nageswaran and senior Department of Economic Affairs officials in attendance. She later met with representatives of micro, small and medium enterprises (MSMEs) as part of the Budget preparation process.
