The Union Budget 2026, presented by Finance Minister Nirmala Sitharaman, received high praise from Prime Minister Narendra Modi, who emphasized the strategic vision and broad implications of the fiscal plan for India’s growth and global standing. According to the Prime Minister, this year’s Budget strikes a careful balance between high capital expenditure and sustained economic growth, ensuring that investments in infrastructure, industry, and technology go hand in hand with initiatives to maintain macroeconomic stability. He highlighted that the Budget is designed not only to accelerate India’s current growth trajectory but also to strengthen its position on the global stage, reinforcing India as a reliable and trusted partner in international trade, investment, and strategic cooperation.
PM Modi further pointed out that the Budget embodies a vision of trust-based governance and a human-centric approach to economic planning. He underscored that India is not satisfied with merely being the fastest-growing economy in the world; the country aspires to become the third-largest economy globally, and the measures announced in Budget 2026 are aligned with that long-term ambition. The Prime Minister also noted the attention given to promoting tourism, particularly in the northeastern states, as part of a broader strategy to ensure balanced regional development and equitable growth across all parts of the country.
Describing the Budget as a catalyst for India’s ongoing reform initiatives, PM Modi said it would give new energy and momentum to the government’s ‘reform express,’ enabling the implementation of path-breaking reforms that create opportunities for citizens, strengthen economic resilience, and enhance the country’s competitive edge. He emphasized that the combination of fiscal prudence, strategic capital allocation, and forward-looking policies ensures that the Budget not only addresses immediate economic challenges but also lays the foundation for India’s sustainable growth, innovation, and long-term prosperity.
