PM Modi calls Budget 2026 ‘futuristic’, says ‘It strengthens India’s foundation’
The Union Budget 2026 has been unveiled, and it has been met with praise from the highest echelons of the Indian government. Prime Minister Narendra Modi has hailed the budget, calling it “futuristic” and stating that it strengthens India’s foundation for a developed future. In a statement, PM Modi said, “This budget is a strong foundation for our high flight toward a developed India by 2047…The reform express on which India is riding today will gain new energy and new momentum from this budget.” He further added, “We want to become the world’s third-largest economy as soon as possible.”
The budget, which was presented by Finance Minister Nirmala Sitharaman, outlines a comprehensive plan for India’s economic growth and development. It includes a range of initiatives aimed at boosting infrastructure development, improving healthcare and education, and promoting entrepreneurship and innovation. The budget also includes measures to simplify tax laws and reduce compliance burdens, making it easier for businesses to operate in India.
PM Modi’s praise for the budget is significant, as it indicates that the government is committed to implementing the reforms and initiatives outlined in the budget. The prime minister’s statement suggests that the budget is a key part of the government’s plan to transform India into a developed economy by 2047. This is an ambitious goal, but one that is achievable with the right policies and investments.
The budget’s focus on infrastructure development is particularly noteworthy. India’s infrastructure has long been a bottleneck to economic growth, with inadequate roads, railways, and ports hindering the movement of goods and people. The budget includes significant investments in these areas, including a plan to develop 100 new airports and a network of high-speed rail lines. These investments will not only improve India’s connectivity but also create new opportunities for businesses and industries.
The budget also includes measures to promote entrepreneurship and innovation. The government has announced a range of initiatives aimed at supporting start-ups and small businesses, including tax breaks and funding for research and development. These measures will help to create a vibrant ecosystem for entrepreneurship and innovation, which is essential for driving economic growth and job creation.
In addition to these initiatives, the budget includes measures to improve healthcare and education. The government has announced plans to increase funding for healthcare and education, including a plan to develop a network of new hospitals and schools. These investments will help to improve the quality of life for millions of Indians and provide them with the skills and knowledge they need to succeed in the modern economy.
Overall, the Union Budget 2026 is a comprehensive and forward-looking document that outlines a clear plan for India’s economic growth and development. PM Modi’s praise for the budget is a testament to the government’s commitment to implementing the reforms and initiatives outlined in the budget. As the prime minister said, “The reform express on which India is riding today will gain new energy and new momentum from this budget.” With the right policies and investments, India can achieve its goal of becoming a developed economy by 2047 and becoming the world’s third-largest economy as soon as possible.
The budget has been welcomed by industry leaders and experts, who have praised its focus on infrastructure development, entrepreneurship, and innovation. The budget is expected to have a positive impact on the economy, with many predicting that it will lead to increased economic growth and job creation.
In conclusion, the Union Budget 2026 is a significant document that outlines a clear plan for India’s economic growth and development. PM Modi’s praise for the budget is a testament to the government’s commitment to implementing the reforms and initiatives outlined in the budget. With the right policies and investments, India can achieve its goal of becoming a developed economy by 2047 and becoming the world’s third-largest economy as soon as possible.
For more information on the Union Budget 2026, readers can visit the official website of the Ministry of Finance or follow the news on social media. The budget is a significant document that will have a major impact on India’s economy and development, and it is essential to stay informed about its provisions and initiatives.
News Source: https://x.com/narendramodi/status/2017877716083814711