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Budget 2026-27 Lays Foundation for Viksit Bharat, Says PM Modi & Shinde

The Union Budget for 2026-27 has been presented by Finance Minister Nirmala Sitharaman. Prime Minister Narendra Modi hailed it as a strong foundation for achieving the vision of a developed India (Viksit Bharat) by 2047. Shiv Sena MP Shrikant Shinde praised the budget for reflecting the 'Sabka Saath, Sabka Vikas' vision and focusing on key areas like youth and infrastructure. The budget emphasizes fiscal prudence, aiming to control the deficit while combining high capital expenditure with high growth.

Key Points: Union Budget 2026 Focuses on Viksit Bharat, Youth & Fiscal Prudence

  • Foundation for Viksit Bharat 2047
  • Focus on youth employment and empowerment
  • High infrastructure investment (CapEx)
  • Reduction in fiscal deficit
2 min read

Union Budget reflects 'Sabka Saath, Sabka Vikas' vision: Shrikant Shinde

PM Modi and MP Shrikant Shinde hail the Union Budget as a foundation for Viksit Bharat 2047, emphasizing youth, infrastructure, and fiscal deficit control.

"This Budget is a strong foundation for the flight to the vision of Viksit Bharat 2047. - Narendra Modi"

New Delhi, February 1

Shiv Sena MP Shrikant Shinde on Sunday hailed the Union Budget, saying it reflects the vision of 'Sabka Saath, Sabka Vikas' and focuses on youth employment, women empowerment, infrastructure development and sports, while also reducing the fiscal deficit.

Speaking to ANI, Shinde said, "This budget belongs to everyone and fulfils the vision of 'Sabka Saath, Sabka Vikas'. It addresses youth employment, women's empowerment, infrastructure development, and sports. The fiscal deficit has also come down in this budget."

Finance Minister Nirmala Sitharaman today rose in the Lok Sabha to present the Union Budget. She presented her ninth consecutive Budget.

Earlier today, Prime Minister Narendra Modi hailed the Union Budget 2026-27 as a "strong foundation" for India's journey towards Viksit Bharat 2047, saying it would provide fresh energy and speed to the 'reform express' on which the country is riding.

Addressing the nation, PM Modi said, "This Budget is a strong foundation for the flight to the vision of Viksit Bharat 2047. This Budget will provide fresh energy and speed to the 'reform express' on which India is riding today. The path-breaking reforms provide an open sky to the courageous, talented youth of India. Our effort has been to continuously strengthen skill, scale, and sustainability."

PM Modi emphasised that citizens are the greatest asset and that the government has made unprecedented investments to enhance their capabilities. "A country's greatest asset is its citizens. In recent years, our government has made unprecedented investments in enhancing the capabilities of our citizens," he said.

Highlighting the fiscal and economic strategy, the Prime Minister added, "This is one such unique budget which has a focus on bringing down fiscal deficit, on bringing inflation under control and with this, the budget also has the combination of high CapEx and high growth."

Highlighting the need to strengthen infrastructure and several major initiatives, PM Modi further added that the construction of high-speed rail corridors and a special focus on the growth of tier 2 and tier 3 cities, would develop the states.

- ANI

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Reader Comments

R
Rohit P
Youth employment and infrastructure are key! As a recent graduate, I'm hopeful. But the real test is how many jobs are actually created on the ground. The 'reform express' needs to stop at every station, not just the big cities.
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Aman W
Reducing fiscal deficit while maintaining high growth and Capex is a tough balancing act. Kudos if they pull it off. The focus on tier 2 & 3 cities is long overdue for balanced regional development.
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Sarah B
The vision for Viksit Bharat 2047 is ambitious. Investing in citizens' capabilities is the right approach for long-term growth. Hoping the high-speed rail corridors become a reality soon!
K
Karthik V
Every budget speech sounds promising. "Sabka Saath, Sabka Vikas" is a great slogan. But as a small business owner, I'm still waiting for the tax relief and simpler compliance that was promised years ago. Action matters more than words.
N
Nisha Z
Good to see sports getting a mention! If we want more Olympic medals, we need sustained investment in training and facilities at the district level. Jai Hind! 🏅

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