Modi Says Union Budget 2026–27 Sets Roadmap for ‘Viksit Bharat’ with Tech-Led Reforms
Prime Minister Narendra Modi on Friday said the Union Budget 2026–27 provides a clear roadmap for building a ‘Viksit Bharat’, emphasising technology, financial reforms and policy delivery. Speaking at a post-Budget webinar, he urged stakeholders to ensure that reforms translate into measurable outcomes at the grassroots level.
The webinar marked the first in a series focused on key themes emerging from the Budget, aimed at gathering feedback from industry, financial institutions and academia. Modi proposed creating a joint charter involving government and private stakeholders to accelerate the country’s development vision for 2047.
The Prime Minister highlighted ease of doing business and tech-enabled governance as central pillars of the Budget. He called for wider use of artificial intelligence, blockchain and data analytics to improve transparency, speed and accountability in public services, along with stronger grievance redressal systems.
Modi also pointed to the sharp rise in government capital expenditure over the past decade, noting that spending has increased from about ₹2 lakh crore 11 years ago to over ₹12 lakh crore. He said sustained investment in highways, railways, ports, digital networks and power infrastructure is intended to create long-term productivity gains and encourage private sector participation.
The Prime Minister stressed the need for bond market reforms and risk mitigation measures to attract global capital, urging alignment with international best practices to strengthen investor confidence.
Policy analysts say the focus on implementation signals a shift from announcement-driven governance to outcome-based monitoring. Industry groups have broadly welcomed the emphasis on infrastructure spending and digital governance, though they highlight the importance of regulatory clarity for sustained investment.
The government’s strategy reflects a growing reliance on technology to drive administrative efficiency and economic expansion. By combining higher public spending with institutional reforms, the Budget seeks to create multiplier effects across sectors including manufacturing, logistics and digital services.
With more thematic webinars scheduled, the government aims to refine execution frameworks and ensure that Budget initiatives translate into tangible economic gains.