
Union Budget 2026 | In conversation with Business Today Group Editor Siddharth ZArabi, Anuradha Thakur, Secretary, Department of Economic Affairs, & DFS Secy M. Nagaraju discusses the making of the Union Budget 2026–27. As one of the principal architects of the budget, she explains the formulation process, key fiscal considerations, inter-ministerial coordination, and the government’s approach to balancing growth, reforms, and macroeconomic stability.