Prime Minister Narendra Modi on Friday described the 2026-27 Union Budget as one that lays the roadmap for a Viksit Bharat, driven by technology, reforms and finance.
Addressing a post-Budget seminar virtually also attended by Finance Minister Nirmala Sitharaman, Modi said his government has simplified processes, enhanced the ease of doing business, expanded technology-led governance, and strengthened institutions.
The country has boarded the Reform Express, he said further.
The PM said his government has placed a great deal of focus on infrastructure over the past decade, adding this decision was taken thoughtfully, knowing India’s development will happen only by preparing solid assets like Highways, Railways, Ports, Digital Network, and Power Systems.
“These will generate productivity for many decades to come. This is precisely why Public Capital Expenditure is being continuously increased,” Modi told the seminar titled ‘Technology, reforms and finance for Viksit Bharat’.
“When Government, Industry and Knowledge Partners move forward together, then Reforms turn into Results. That is when Announcements become Achievements on the ground,” the PM stated further.
This year’s Union Budget lays the roadmap for Viksit Bharat, driven by technology, reforms and finance. Addressing a post-budget webinar. https://t.co/U1NJX7Byr0
— Narendra Modi (@narendramodi) February 27, 2026
He pointed out that the country is in an important phase of the development journey, with the economy progressing fast.”
“No Budget should be viewed in isolation. Nation-building is a continuous process; every Budget is a step towards a larger goal. The big goal before us is the year ‘2047’ — building a developed India by 2047. Every reform, every allocation, every change should be seen as part of this long journey. Therefore, these webinars that take place every year after the Budget are very important,” Modi said.
The PM stressed that delivery excellence is equally important as policy intent, as reforms need to be reviewed on the basis of their impact on the ground.
“We should use AI, blockchain and data analytics to increase transparency, speed and accountability, and also review impact using the grievance redressal system,” the PM said further, adding, “Our efforts are to make the system more predictable and investor-friendly. Bond market reforms need to be looked at as enablers for long-term reforms.”