PM Modi hails futuristic budget
Prime Minister Narendra Modi on Sunday described the Union Budget 2026-27 as ambitious and futuristic, stressing that it will further strengthen India’s global role. In his televised post-budget comments, PM Modi said this was a unique budget, which focused on reducing fiscal deficit and controlling inflation while simultaneously ensuring high capital expenditure and high growth. “This Budget strengthens India’s global role anew. India’s 140 crore citizens are not satisfied with being the fastest growing economy, and the nation is determined to soon become the world’s third largest economy,” he said.He underlined that the recent major trade deals India has undertaken are aimed at ensuring maximum benefits for the country’s youth and for small and medium enterprises, with significant steps taken in this Budget to advance that direction.
“Today’s Budget is historic and reflects the empowered spirit of the nation’s women. This budget is ambitious and addresses the aspirations of the nation,” he said.He highlighted that Sitharaman, as a woman finance minister, has set a new record by presenting the country’s budget for the ninth consecutive time.The PM said the budget is a highway of immense opportunities, one that fulfils the dreams of the present and strengthens the foundation of India’s bright future.
He emphasised that the Budget will serve as the basis for India’s high flight towards becoming a developed nation by 2047.PM Modi noted that the Reform Express on which India is riding will gain new energy and new momentum through this budget. “The Budget takes several major steps to strengthen infrastructure, including a dedicated freight corridor, expansion of waterways across the country, a high-speed rail corridor, special focus on the development of tier-2 and tier-3 cities, and promotion of municipal bonds to provide stronger economic foundations for cities,” he said. Modi stressed that all these measures will accelerate the journey towards a developed India.“The greatest capital of any nation is its citizens, and in recent years the Government has made unprecedented investments to enhance their capabilities,” he said, adding that a continuous effort has been to strengthen skill, scale and sustainability.
