National Seminar on Union Budget 2026–27

National Seminar on Union Budget 2026–27

The institute organized a National Seminar on Union Budget 2026–27 on 23rd February 2026, bringing together distinguished industry experts and academicians to deliberate upon the key provisions and economic implications of the Union Budget presented on 1st February 2026. The seminar aimed to provide students with a comprehensive understanding of India’s fiscal direction, policy priorities, and the broader macroeconomic vision outlined in the Budget.

The seminar was graced by eminent panelists including Mr. Abhinav Bakiwala, Director, Wealth Compounders; Mr. Nesar Ahmad, Director, Budget Analysis & Research Centre Trust; Dr. Mayank Tiwari, Chief Marketing Manager, Aavas Financiers Ltd.; and Mr. Varun Sharma, Programme Director, Aravali. The session was effectively moderated by Dr. Sandeep Vyas, Associate Professor, IIIM.

During the deliberations, Mr. Nesar Ahmad provided an in-depth analysis of budgetary policy and fiscal management. He explained how the Budget links public policy with economic priorities and elaborated upon the structure of public finance, including the role of consolidated and contingency funds. He discussed government expenditure patterns, particularly in areas such as health and employment generation. He also observed that while the share of agriculture in GDP reflects structural shifts in the economy, agricultural production itself continues to grow, indicating improvements in productivity.

Mr. Varun Sharma described the Budget as growth-oriented and focused on balanced inflation and sustainable development. He highlighted the importance of digital governance, harmonized administrative mechanisms, and reforms aimed at improving ease of doing business. Referring to institutional transformation and the policy direction shaped by NITI Aayog, he emphasized the need to align budgetary allocations with measurable outcomes and long-term national vision.

Dr. Mayank Tiwari focused on revenue generation mechanisms, particularly GST collections, and their role in strengthening the country’s fiscal capacity. He discussed sectoral priorities such as the development of medical hubs and the expanding potential of India’s Orange Economy, driven by creativity, innovation, and intellectual capital. He appreciated the emphasis on education, structured reforms in organized sectors, and highlighted the importance of youth aligning their careers with emerging data-driven and innovation-led domains.

Mr. Abhinav Bakiwala analyzed the Budget from an investment and capital markets perspective. He underlined the strong push towards digital infrastructure, manufacturing expansion, medical tourism, and bio-pharma sectors. He stressed the need to reduce skill gaps and encourage young professionals to become job creators rather than job seekers. He also reflected on capital allocation trends and the long-term wealth creation potential arising from infrastructure development.

The seminar concluded with insightful presentations by MBA students Priya Mathur, Akshita Agarwal, and Ajeet Singh Nirwan, who critically examined various dimensions of the Union Budget 2026–27, including its macroeconomic impact, fiscal sustainability, and sectoral implications. Their presentations added academic depth to the session and fostered meaningful interaction between students and the expert panel.

The National Seminar provided a valuable platform for intellectual exchange, enabling students to connect theoretical knowledge with practical policy interpretation.