New Delhi, Jan. 28 -- Former Reserve Bank of India Governor Raghuram Rajan on Wednesday said the upcoming Union Budget should be aligned with a longer-term economic vision to strengthen India's resilience, self-reliance and growth, warning that the global economy is passing through an 'extremely dangerous time'.

Budget must align with long-term vision

"I think the Union Budget for 2026-27 should be integrated with a longer-term vision. How do we become more resilient, more independent as an economy, but also fast growing" Rajan said, adding that such an approach would make India a more attractive global partner.

He noted that even during the era of five-year plans, budgets were not always well integrated with broader economic goals, re...