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Prime Minister Narendra Modi held a high-level review meeting on October 21, 2026, with Finance Minister Nirmala Sitharaman, the Economic Advisory Council (EAC-PM), and the Cabinet Secretary. The session focused on assessing the Indian economy, navigating external global uncertainties, boosting investments, and kicking off preliminary preparations for Union Budget 2027.
The discussions focused on India’s economic performance, global uncertainties, attracting investments, improving the ease of doing business, and preparations for the Union Budget 2027-28.
The meeting comes at a crucial time for the Indian economy, as the government seeks to sustain economic growth amid international trade tensions, geopolitical uncertainties, rising crude oil prices, and pressure on foreign investment flows.
Prime Minister Narendra Modi’s October 21 meeting focused on assessing the Indian economy and identifying measures to maintain growth momentum in an uncertain global environment. Finance Minister Nirmala Sitharaman and members of the EAC-PM participated in the discussions, which also covered economic policy and the government’s approach to investment and business growth.
According to media reports, a key focus was on how India could respond to external economic challenges while strengthening its domestic growth drivers.
The discussions reportedly covered the following areas:
- Reviewing the current state of the Indian economy.
- Addressing global economic and geopolitical uncertainties.
- Improving the ease of doing business.
- Revisiting existing policies to encourage investment.
- Sustaining economic growth and strengthening investor confidence.
- Preparing for the Union Budget 2027-28.
One major issue discussed during the October 21 meeting was the need to attract more investment into India. Investment is an important driver of economic growth because it supports the creation of factories, infrastructure, commercial facilities, and new businesses. It can also generate employment opportunities and improve productivity. The reported discussions included revisiting existing policies and improving the ease of doing business to encourage greater investment.
