Prime Minister Narendra Modi highlighted the importance of evaluating the Union Budget based on specific criteria like infrastructure development, credit flow facilitation, business environment simplification, governance transparency enhancement, and citizen welfare improvement. During the inaugural post-budget webinar of the 2026-27 series, PM Modi underscored that the budget serves as a policy roadmap for national progress rather than a short-term financial document. He stressed the continuous nature of nation-building, emphasizing that each budget contributes to the overarching goal of achieving a Developed India by 2047.
PM Modi emphasized that every budget should be perceived as a step towards the larger objective of building a Developed India by 2047. He emphasized the need for viewing reforms, allocations, and changes as integral parts of this long-term journey. The Prime Minister highlighted the significance of the annual post-budget webinars, suggesting that these sessions should go beyond idea exchange to become effective brainstorming platforms. He expressed confidence that recommendations based on stakeholder experiences and practical challenges would aid in refining economic strategies and addressing issues effectively.
As India progresses rapidly in the 21st century, PM Modi acknowledged the crucial phase of the country’s development journey. He commended India’s remarkable resilience over the past few decades, attributing this progress to purpose-driven reforms. PM Modi stressed the importance of focusing on delivery excellence in the current phase of India’s development, emphasizing the need for monitoring impact through grievance redressal mechanisms. To enhance foreign investment inflows and ensure long-term financing improvements, the Prime Minister announced further streamlining of the foreign investment regulations, highlighting the necessity of active stakeholder engagement for policy success.
