Budget exercise: Finance ministry to begin FY27 preparations on October 9; GDP growth, demand and jobs in focus

India’s finance ministry will begin the Budget-making exercise for 2026-27 on October 9, amidst global economic uncertainties and new US tariffs. The upcoming budget aims to boost demand, create jobs, and achieve a sustained 8% growth rate. Ministries must submit data by October 3, with the budget expected on February 1.