Union Budget 2026–27 a roadmap for growth, investment, and employment: Dr Rajeshwar Singh

BJP MLA from the Sarojininagar assembly segment in Lucknow, Dr Rajeshwar Singh, said on Sunday that the Union Budget 2026–27 is not only a response to present needs, but a numbers-driven and future-oriented budget designed to make India’s economy strong and competitive over the next decade.

“The budget presents a balanced convergence of growth, fiscal discipline, and socio-economic stability, which will further strengthen India’s position on the global economic stage,” he claimed.

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In a statement, Dr Rajeshwar Singh emphasised that the government has prioritised long-term vision over short-term populist measures. With a strong focus on infrastructure, investment, technology, youth, and green growth, this budget gives renewed momentum to the resolve of a self-reliant India.

He said the Union Budget 2026–27 proposes capital expenditure of ₹12.2 lakh crore—about 4.4% of GDP—the highest ever. This enhanced Capex will boost investment in infrastructure, construction, transport, and manufacturing, leading to large-scale job creation and faster economic activity.

The former cop said that with a fiscal deficit target of around 4.3%, the government has underscored that fiscal discipline is as important as rapid growth. This balance will ensure macro-economic stability, investor confidence, and long-term economic resilience.

He said Uttar Pradesh’s participation in seven high-speed rail corridors, increased Capex for logistics and connectivity, and an estimated ₹2.8 lakh crore in central tax devolution will together help position the state as a major growth engine and employment hub of the country.

In conclusion, Dr Rajeshwar Singh said, “The Union Budget 2026–27 is not a budget for short-term relief, but a document that lays a strong foundation for the economy over the coming decade. It presents a clear roadmap for building an inclusive, sustainable, and employment-oriented India, while further integrating Uttar Pradesh into the national development mainstream.”