PM Modi Says Budget 2026–27 Charts Tech-Driven Path To Viksit Bharat

Prime Minister Narendra Modi on Friday urged stakeholders to ensure that the government’s “Reform Express” reaches the grassroots level, stating that the Union Budget 2026–27 provides a clear roadmap for building a “Viksit Bharat” driven by technology, reforms and finance. Addressing a post-Budget webinar, he called for collective efforts to translate policy announcements into tangible outcomes across sectors.

Speaking at the virtual gathering, the Prime Minister said the latest Budget focuses on improving ease of doing business, simplifying regulatory processes and promoting technology-led governance. He proposed the creation of a joint charter involving government bodies, industry leaders, financial institutions and academia to align efforts toward achieving the goal of a developed India by 2047. “This is the time to ride the Reform Express with a focus on excellence in policy delivery,” he said.

Emphasising the transformative role of emerging technologies, Modi highlighted the need to leverage artificial intelligence, blockchain and data analytics to enhance transparency, efficiency and accountability in governance. He also stressed the importance of strengthening grievance redressal systems and improving monitoring mechanisms to ensure that reforms deliver measurable benefits to citizens.

Also Read: PM Modi Links Self-Confidence to Viksit Bharat After India-US Tariff Reduction to 18%

The Prime Minister pointed to the sharp rise in government capital expenditure over the past decade as a signal of policy commitment. He noted that capex has increased from around ₹2 lakh crore 11 years ago to over ₹12 lakh crore currently, reflecting sustained investment in infrastructure. According to him, this scale of public spending sends a strong message to the private sector to step up investments and participate actively in India’s growth trajectory.

Highlighting progress in highways, railways, ports, digital connectivity and power infrastructure, Modi said these long-term assets are designed to boost productivity for decades. He also called for reforms in the bond market and risk-mitigation measures to attract stable foreign capital, urging adoption of global best practices to strengthen investor confidence. The webinar marked the first in a series of post-Budget consultations aimed at gathering structured feedback and ensuring effective implementation of announcements for the financial year 2026–27.

Also Read: Shashi Tharoor Likens Budget to Rearranging Airbags on Crashing Car