PM Modi Applauds Budget 2026 as Foundation for India's Economic Ascent
Prime Minister Narendra Modi on Sunday praised the Union Budget 2026-27 for its forward-looking vision, describing it as both ambitious and responsive to the nation's aspirations. Following Finance Minister Nirmala Sitharaman's presentation of her ninth consecutive budget—a historic achievement—Modi emphasized that this financial blueprint serves as a highway to immense opportunities while solidifying the groundwork for India's prosperous future.
Strategic Focus on Sunrise Sectors and Infrastructure
The Prime Minister highlighted the budget's comprehensive attention to emerging industries and critical infrastructure development. He specifically pointed to unprecedented support for sunrise sectors through initiatives like the Biopharma Shakti Mission, rare earth corridors, and Semiconductor Mission-2. According to Modi, these measures are designed to propel India's technological advancement and self-reliance, aligning with the broader vision of an Aatmanirbhar Bharat.
Empowering Youth and Strengthening Global Partnerships
Modi echoed Sitharaman's characterization of the budget as a yuva shakti Budget, noting its potential to cultivate leaders, innovators, and creators across diverse fields. He detailed how provisions for medical hubs, the orange economy encompassing gaming and audio-visual sectors, and enhanced tourism and sports industries would unlock countless opportunities for young Indians.
Furthermore, the Prime Minister underscored India's growing role as a trusted democratic partner and quality supplier globally. He asserted that the budget includes significant steps to ensure youth and small-to-medium enterprises benefit maximally from major trade agreements, including recent landmark deals with the European Union.
Comprehensive Development and Social Inclusion
The budget's emphasis on balanced regional development received special mention, with Modi applauding its focus on boosting tourism in the North-East. He also highlighted proposals aimed at supporting women-run self-help groups, establishing girls' hostels in every district, and bolstering agriculture, dairy, and fisheries sectors—reflecting the government's continued priority on empowering women and farmers.
Modi concluded by stating that the budget not only strengthens India's reform journey but also charts a clear roadmap toward Viksit Bharat by 2047, reinforcing the nation's ambition to swiftly become the world's third-largest economy.