Union Budget 2026: Prime Minister Narendra Modi, on Sunday, described the Union Budget 2026-27 as "historic", stating that it reflected the aspirations of 140 crore Indians, strengthened the reform journey, and charted a clear roadmap for Viksit Bharat.
Commenting on the Union Budget, which was presented by Union Finance Minister Nirmala Sitharaman in the Lok Sabha, Modi also referred to the budget as a "highway of opportunities".
"Today's budget is historic. It reflects the aspirations of 140 crore Indians. It strengthens the reform journey and charts a clear roadmap for Viksit Bharat," he said.
The Prime Minister noted that the budget highlights the empowered presence of the nation’s feminine strength. He further mentioned that Sitharaman had set a new record by presenting the country’s budget for the ninth consecutive time.
Modi also emphasised that this year’s budget presents an ambitious roadmap to provide new momentum to the 'Make in India' and 'Aatmanirbhar Bharat' initiatives.
"This budget is the foundation for our journey towards a Viksit Bharat by 2047. This year’s budget will give India's reform express new energy and new momentum," he said.
The Prime Minister reiterated that India is not satisfied with merely being the fastest-growing economy, and that the Budget strengthens the foundation for India’s bright future.
"This budget further strengthens India's global role. The 1.4 billion citizens of India are not satisfied with being just the fastest-growing economy. We want to become the world's third-largest economy as soon as possible. This is the resolve of millions of countrymen," he said.
Modi said this budget embodies the vision of trust-based governance and a human-centric economic framework and it is a distinctive budget that prioritises reducing the fiscal deficit and containing inflation while balancing high capital expenditure with robust economic growth.
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He also said the support that MSMEs have received in this year's budget will give them new strength to grow from local to global.