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Goyal's NSE Breakfast: Budget 2026 Fuels "Future Ready Bharat" Vision

Commerce Minister Piyush Goyal met with market stakeholders at the NSE to discuss the benefits of Budget 2026. He emphasized the government's long-term, fiscally prudent growth strategy focused on integrating India into global value chains. The budget includes targeted measures for manufacturing, defence, tech, and aims to remove business barriers to boost investment. The overarching goal is to accelerate economic growth towards achieving a developed India (Viksit Bharat) by 2047.

Key Points: Piyush Goyal Discusses Budget 2026 Benefits at NSE Meeting

  • Budget strengthens global value chains
  • Push for tech & manufacturing
  • Eliminates business barriers
  • Aims for Viksit Bharat by 2047
2 min read

Piyush Goyal discusses Budget benefits with market stakeholders at NSE

Commerce Minister Piyush Goyal highlights Budget 2026's focus on global value chains, tech, and manufacturing to achieve a Viksit Bharat by 2047.

"fiscally prudent and future-oriented long-term India growth story - Piyush Goyal"

Mumbai, February 2

Commerce Minister Piyush Goyal had a breakfast meeting at the National Stock Exchange to discuss the holistic benefits of Budget 2026 with MD and CEO Ashish Chauhan.

The breakout meeting was attended by investors and representatives from mutual funds and the asset management industry.

In a LinkedIn post, Minister Goyal said he was delighted by their optimism following the Budget and their excitement about the growth opportunities.

In his interaction at the NSE, the Minister highlighted how in the last 12 years, the Prime Minister Narendra Modi-led government has focused on a "fiscally prudent and future-oriented long-term India growth story."

The Minister emphasised that the Budget is a blueprint to strengthen India's presence in global value chains and become more contemporary with modern-day technologies while benefiting own consumers.

Also, he reiterated that continuing with PM's vision of rapid reforms, the direction in the Budget is to eliminate barriers to business and make it easier for them to flourish, encourage honest businesses, make industries more competitive, compliance easier, and make India an attractive investment and manufacturing destination.

He underlined that India is in a sweet spot today, and this budget for a 'FUTURE READY BHARAT' covers a multitude of sectors, both traditional and modern, gives impetus to services with a major focus on tech, and addresses specific areas which will help the economy grow faster and achieve the goal of a Viksit Bharat by 2047.

The government announced a series of announcements in the Budget for 2026-27, including manufacturing push for electronics components, containers, textiles, and sports goods; the establishment of a rare earth corridor; a 17 per cent increase in defence capex; and tax holidays for foreign cloud service providers using Indian data centres.

The Union Budget 2026-27 has delivered targeted relief for consumers, exporters and strategic industries, while tightening taxes and select goods or assets. The proposals aim to improve the quality of life, support domestic manufacturing and exports, and generate additional revenue from financial markets and sin products.

- ANI

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Reader Comments

P
Priya S
The emphasis on making compliance easier is a huge relief for small business owners like me. The last few years have seen positive changes, but implementation at the ground level is key. Let's see how these policies actually unfold.
R
Rohit P
Tax holidays for foreign cloud services using Indian data centres is a smart move! It will boost our digital infrastructure and create jobs. The 'Future Ready Bharat' vision seems to be on the right track. 👍
S
Sarah B
As an investor, the continued focus on fiscal prudence is reassuring. The 17% increase in defence capex also signals stability. However, I'd like to see more concrete measures to control inflation which affects the common man's budget.
K
Karthik V
The push for textiles and sports goods manufacturing is excellent for job creation in tier-2 and tier-3 cities. Hope the policies ensure fair wages and good working conditions for the workers. Growth must be inclusive.
N
Nikhil C
While the budget sounds good on paper, I'm concerned about the "tightening taxes" part. Every year there's talk of relief, but the tax burden on the salaried middle class only seems to increase. Where is our targeted relief?

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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