Prime Minister Narendra Modi, in a post-Budget webinar, emphasized that this year’s Union Budget paves the way for a ‘Viksit Bharat’ driven by technology, reforms, and finance. He urged stakeholders to ensure that reforms effectively reach the grassroots level by 2047 through collaborative efforts involving the government, industry, financial institutions, and academia.
PM Modi highlighted the Budget’s focus on simplifying processes, promoting tech-led governance, and enhancing ease of doing business. He stressed the importance of leveraging technologies like AI, Blockchain, and data analytics for transparency, speed, and accountability, while also emphasizing the need for grievance redressal monitoring.
Addressing the significant increase in government capital expenditure over the past decade, PM Modi noted that it has surged from Rs 2 lakh crore to over Rs 12 lakh crore. He underscored the government’s commitment to bolstering infrastructure, including highways, railways, ports, digital networks, and power systems, to boost productivity for the long term.
Emphasizing the importance of bond market reforms and risk mitigation to attract sustained foreign capital, PM Modi called for adopting global best practices to enhance market confidence. The post-Budget webinar series aims to gather feedback and insights from diverse stakeholders to ensure effective implementation of Budget announcements for the fiscal year 2026-27.
