Prime Minister Narendra Modi’s remarks on Union Budget 2026

Prime Minister Narendra Modi shared his remarks on Union Budget 2026 via video message today. Speaking on the occasion, Prime Minister remarked that today’s budget is historic and reflects the empowered spirit of the nation’s women. He highlighted that Union Finance Minister Smt Nirmala Sitharaman, as a woman finance minister, has set a new record by presenting the country’s budget for the ninth consecutive time. The Prime Minister stated that this budget is a highway of immense opportunities, one that fulfills the dreams of the present and strengthens the foundation of India’s bright future. He emphasized that the budget serves as the basis for India’s high flight towards becoming a developed nation by 2047.

Shri Modi noted that the reform express on which India is riding will gain new energy and new momentum through this budget. He underlined that the path-breaking reforms undertaken provide the aspiring, courageous, and talented youth of India with an open sky to soar. He further remarked that the budget realizes the vision of trust-based governance and a human-centric economic framework. The Prime Minister stressed that this is a unique budget, focused on reducing fiscal deficit and controlling inflation, while simultaneously ensuring high capital expenditure and high growth.

Prime Minister Modi remarked that this budget strengthens India’s global role anew. He highlighted that India’s 140 crore citizens are not satisfied with being the fastest growing economy, and the nation is determined to soon become the world’s third largest economy. He emphasized that this is the collective resolve of millions of Indians. The Prime Minister stated that India’s role as a trusted democratic partner and trusted quality supplier is continuously expanding. He underlined that the recent major trade deals India has undertaken are aimed at ensuring maximum benefit for the country’s youth and for small and medium enterprises, with significant steps taken in this budget to advance that direction.

Emphasising that the budget presents an ambitious roadmap to accelerate Make in India and the Atmanirbhar Bharat campaign, Shri Modi noted that the unprecedented support given to sunrise sectors such as the BioPharma Shakti Mission, Semiconductor Mission 2.0, Electronic Component Manufacturing Scheme, creation of a Rare Earth Corridor, strengthening critical minerals sector, new schemes in the textile sector, promotion of high-tech tool manufacturing, and preparation of champion MSMEs is futuristic and addresses both present and future needs of the nation. The Prime Minister remarked that the support extended to MSMEs, including small and cottage industries, will empower them to grow from local to global. (UPDATED ON 1ST FEBRUARY 26)