Prime Minister Narendra Modi stated that the success of the Union Budget should be measured by tangible outcomes, including enhanced infrastructure, smoother credit access, improved ease of doing business, and increased transparency in governance. He stressed that the budget must also focus on simplifying citizens’ lives and creating new opportunities for them.
Speaking at the first post-budget webinar of the 2026-27 series, PM Modi described the national budget as a long-term policy roadmap rather than a short-term fiscal document. He highlighted that budgets should not be treated as isolated events, but as part of a continuous nation-building journey aimed at achieving a Developed India, or Viksit Bharat, by 2047.
“Every budget is a step toward a larger goal, and every reform, allocation, or policy change should be seen as an integral part of this long-term vision,” the Prime Minister noted. He emphasised the importance of these webinars as more than a forum for exchanging ideas, describing them instead as opportunities for productive brainstorming that can refine economic strategies and address practical challenges faced by stakeholders.
PM Modi highlighted that a quarter of the 21st century has passed, marking a crucial phase in India’s development journey. He praised the country’s resilience over recent decades and underscored that progress has been driven by conviction-based reforms rather than chance.
The Prime Minister stressed that while policy intent is essential, the current phase requires rigorous focus on implementation and delivery excellence. He urged monitoring of outcomes through grievance redressal systems to ensure real impact on citizens’ lives.
To attract long-term foreign investment and strengthen financing channels, PM Modi announced further simplifications to the foreign investment framework. He reiterated that while policies establish the framework, their success depends on active engagement from all stakeholders, highlighting the collaborative approach necessary to achieve India’s ambitious economic and developmental goals.
