Indian Prime Minister Narendra Modi has lauded the Union Budget as a tangible expression of the nation’s collective aspiration to emerge as a developed country. In his address following the budget presentation, Modi emphasized that the financial blueprint encapsulates the dreams and ambitions of 1.4 billion Indians, marking a decisive step toward achieving global economic prominence.
The budget, presented by Finance Minister Nirmala Sitharaman, allocates substantial resources to critical infrastructure projects, digital transformation initiatives, and sustainable development programs. Significant allocations have been directed toward modernizing transportation networks, expanding renewable energy capacities, and enhancing manufacturing capabilities under the ‘Make in India’ framework.
Modi underscored the budget’s alignment with long-term national goals, highlighting its focus on fostering self-reliance while integrating India into global value chains. The document prioritizes rural development through increased agricultural spending and rural employment schemes, alongside substantial investments in healthcare and education infrastructure.
Addressing global economic uncertainties, the budget introduces strategic tax reforms and fiscal consolidation measures to maintain macroeconomic stability. The government aims to stimulate private sector investment through simplified regulations and incentive packages, particularly for sunrise industries like semiconductors and green technology.
‘This budget is more than numbers; it’s our nation’s promise to future generations,’ Modi stated, urging citizens to support the transformative agenda. The financial roadmap positions India to capitalize on demographic dividends and technological advancements, setting the stage for accelerated development in the coming decade.
Image Source: Google | Image Credit: Respective Owner