February 2, 2026 9:30 AM

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PM Modi says Union Budget is human-centric & strengthens India’s foundation with path-breaking reforms

Prime Minister Narendra Modi has said that the Union Budget is human-centric and strengthens India’s foundation with path-breaking reforms. The Prime Minister also described it as historic and a catalyst for accelerating the country’s reform trajectory and long-term growth. Finance Minister Nirmala Sitharaman presented the ‘Union Budget 2026-27’ in Parliament yesterday. In remarks following the presentation of the Budget, Mr Modi said the proposals will energise the economy, empower citizens and give India’s youth fresh opportunities to scale new heights.
 
Calling the government’s reform agenda a “Reform Express,” the Prime Minister said, the reform express that India is riding today will gain new energy and new momentum from this budget. The path-breaking reforms that have been undertaken give the bold, talented youth of an aspirational India the open skies to soar. Highlighting the country’s ambitions on the global stage, Mr Modi said Indians were determined to climb further up the economic ladder.
 
The Prime Minister said that 140 crore citizens of India are not satisfied with being the fastest-growing economy and they want to become the world’s third-largest economy as soon as possible. Mr Modi said that sunrise sectors, infrastructure and capital expenditure have received major encouragement, and young people will benefit the most from the new policy thrusts and trade initiatives outlined in the budget. Prime Minister said, this is a unique budget that focuses on reducing the fiscal deficit and controlling inflation, while also emphasising high CAPEX and high growth.