Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026-27, calling it a strong push to India’s growth trajectory. The PM, in an address to the nation, said the Union Budget 2026-27 presents an ambitious roadmap for ‘Make in India’ and Aatmanirbhar Bharat (self-reliant India).
“This Budget is the foundation for our journey towards a Viksit Bharat by 2047. The Budget strengthens the reform journey and reflects the aspirations of 140 crore Indians,” said the PM.
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Modi said this year’s Budget, presented by Finance Minister Nirmala Sitharaman in Parliament today, will give India’s ‘Reform Express’ new energy and new momentum.
“India is not content with simply being the fastest-growing economy. India wants to become the world’s third-largest economy. This year’s budget presents an ambitious roadmap to give new momentum to the Make in India and Aatmanirbhar Bharat initiatives. New and rising industries – sunrise sectors – have been given great support. It is unprecedented,” he said in his address.
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Budget for women, yuva shakti, MSMEs: PM
Noting that the Union Budget presented today in Parliament is ambitious and addresses the country’s aspirations, the PM said the aim is to ensure that prosperity reaches every household.
“This year’s Budget prioritises a modern ecosystem of Self-Help Groups created and run by women. This year’s budget is for Yuva Shakti. The provisions made in the Budget will nurture leaders, innovators and creators across various sectors,” the PM said.
He added that the support that MSMEs have received in this year’s Budget will give them new strength to grow from local to global.
The PM also stressed the focus on infrastructure in the Budget.
“Several measures have been taken to strengthen infrastructure. Dedicated freight corridor, expansion of waterways across the country, high-speed rail corridor, special focus on the development of tier-2 and tier-3 cities, and push to municipal bonds to provide a strong economic foundation to cities: all these measures will further increase the speed of Viksit Bharat,” said the PM in his address.
India and FTAs
The PM also highlighted his government’s push to forge trade deals with major economies of the world.
“This Budget further strengthens India’s global role. As a trusted, democratic partner of the world and as a trusted quality supplier, India’s role is expanding continuously. The maximum benefit of trade deals recently signed by India – Mother of All Deals, should go to the youth of India, to the small and medium scale industries of India. In this direction, major steps have been taken in the Budget,” noted Modi.
“This is one such unique budget which has focus on bringing down fiscal deficit, on bringing inflation under control and with this, Budget also has the combination of high CapEx and high growth,” he added.