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 enthusiasm and optimism by the nation’s leaders, including Prime Minister Narendra Modi. In a recent statement, PM Modi hailed the budget, calling it “futuristic” and emphasizing its role in strengthening India’s foundation for a developed future. This blog post will delve into the key aspects of the budget, PM Modi’s statement, and what it means for the country’s economic growth and development.
According to PM Modi, “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.” These words reflect the government’s vision for a prosperous and developed India, and the budget is seen as a crucial step towards achieving this goal. The Prime Minister’s statement highlights the budget’s focus on long-term growth, innovation, and reform, which are essential for India to become a leading economy globally.
One of the key objectives of the budget is to make India the world’s third-largest economy as soon as possible. PM Modi reiterated this goal, stating, “We want to become the world’s third-largest economy as soon as possible.” This ambition is driven by the government’s efforts to boost economic growth, increase investments, and enhance the country’s competitiveness in the global market. The budget includes various measures to achieve this objective, such as simplifying tax structures, promoting entrepreneurship, and investing in infrastructure development.
The budget’s focus on innovation and technology is another significant aspect that has been applauded by the Prime Minister. The government has allocated significant funds for research and development, digital infrastructure, and startups, which will help drive innovation and create new opportunities for growth. This emphasis on technology and innovation is expected to have a positive impact on various sectors, including healthcare, education, and finance, and will help India stay competitive in the global economy.
Furthermore, the budget’s emphasis on social welfare and inclusive growth is a notable feature. The government has announced various initiatives to support vulnerable sections of society, including farmers, women, and marginalized communities. These measures aim to promote social justice, reduce inequality, and ensure that the benefits of economic growth are shared by all. PM Modi’s statement highlights the budget’s commitment to social welfare, stating that it will help create a more equitable and just society.
The budget’s impact on the economy is expected to be significant, with many experts predicting a boost in economic growth, job creation, and investment. The government’s efforts to simplify tax structures, reduce regulatory barriers, and promote ease of doing business are expected to attract foreign investment and encourage domestic entrepreneurship. The budget’s focus on infrastructure development, including roads, railways, and ports, will also help improve the country’s connectivity and logistics, making it an attractive destination for businesses and investors.
In conclusion, the Union Budget 2026 has been hailed as a “futuristic” budget by PM Modi, and it is expected to play a crucial role in shaping India’s economic future. The budget’s focus on innovation, technology, and social welfare, combined with its emphasis on economic growth and development, makes it a comprehensive and forward-looking document. As the country strives to become the world’s third-largest economy, the budget provides a strong foundation for achieving this goal. With its emphasis on reform, innovation, and inclusive growth, the budget is expected to have a positive impact on various sectors and stakeholders, and it will be interesting to see how it unfolds in the coming months and years.
The government’s vision for a developed India by 2047 is ambitious, but with the right policies and initiatives, it is achievable. The budget is a significant step towards realizing this vision, and it is expected to have a lasting impact on the country’s economy and society. As PM Modi stated, “The reform express on which India is riding today will gain new energy and new momentum from this budget.” This momentum will help drive India’s growth and development, and it will be exciting to see the country’s progress in the coming years.
For more information on PM Modi’s statement on the Union Budget 2026, please visit: https://x.com/narendramodi/status/2017877716083814711
News Source: https://x.com/narendramodi/status/2017877716083814711
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