‘Youth Power Budget:’ PM Modi Says Union Budget 2026-27 Mirrors Dreams, Determination And Energy Of Young India

Prime Minister Narendra Modi on Sunday lauded the Union Budget 2026-27, describing it as a highway of immense opportunities, and stating that the ‘Reform Express’ powering India’s growth will gain new energy and momentum through this budget.

Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget in Parliament, guided by three ‘kartavyas’ or duties—accelerating and sustaining economic growth by improving competitiveness, fulfilling people’s aspirations, and ensuring that every family, community and region has access to resources and opportunities.

Congratulating the Finance Minister, PM Modi said, “Today’s budget is historic. It is a strong reflection of India’s ‘Nari Shakti’. Nirmala Sitharaman has set a record of presenting the budget for the ninth consecutive time as a woman Finance Minister.”

He added that the Budget is a ‘highway of immense opportunities’ that will ‘turn the dreams of the present into reality’ and lay a ‘strong foundation for India’s bright future,’ enabling the nation’s ‘high flight’ towards achieving the goal of a Viksit Bharat by 2047.

Reforms, Growth And India’s Global Ambition

The Prime Minister said the ‘Reform Express’ on which India is riding ‘will gain new energy and momentum through this budget,’ adding that ‘the path-breaking reforms open up the sky for our aspiring and talented youth to soar.’ He described the Budget as realising the vision of trust-based governance and a human-centric economic structure.

Calling the Budget ‘unique,’ PM Modi said, “It focuses on reducing the fiscal deficit and controlling inflation, while also emphasising high CAPEX and high growth. This budget strengthens India’s global role. India’s 140 crore citizens are not content with just being a fast-growing economy; we aim to become the world’s third-largest economy soon.”

He further noted that India’s standing as a trusted democratic partner and quality supplier is rising, adding that the benefits of major recent trade agreements, including the ‘Mother of all deals’—a term he used for the India–European Union Free Trade Agreement—will largely accrue to the country’s youth.

PM Modi also said the Budget presents a “bold vision to accelerate the ‘Make in India’ and ‘Aatmanirbhar Bharat’ missions”.

Focus On Youth, Infrastructure And Inclusive Development

Highlighting sectoral initiatives, the Prime Minister said, “The support given to new and sunrise sectors is unprecedented. Initiatives like the Bio-Pharma Shakti Mission, Semiconductor Mission 2.0, Electronic Components Manufacturing Scheme, development of Rare Earth Corridors, focus on critical minerals, new schemes for the textile sector, and promoting high-tech and tech-driven manufacturing will provide new strength for India to grow globally.”

According to him, the Budget also ‘takes major steps to strengthen infrastructure,’ including dedicated freight corridors, expansion of voter base nationwide, high-speed rail corridors, focused development of tier-2 and tier-3 cities, and promotion of municipal bonds to give cities a stronger economic base.

“All these measures will accelerate the growth trajectory of a Viksit Bharat. The greatest asset of any country is its citizens, and strengthening cities ensures they thrive and contribute to national progress,” he said.

This Is A Youth Power Budget

Referring to Sitharaman’s remarks in Parliament, PM Modi said, “This is a Youth Power Budget. It reflects the thinking, dreams, determination, and energy of young India. The provisions in the budget will prepare leaders, innovators, and creators across sectors.”

He added, “From building medical hubs and developing allied health professionals, promoting the orange economy and AVGC sectors, boosting tourism, to opening new opportunities through the Khelo India mission, the budget unlocks pathways for youth to excel and lead.”

The Prime Minister also highlighted a ‘major tax exemption’ aimed at making India a global data centre hub, saying, “I especially congratulate India’s youth, as this will significantly boost employment generation.” He welcomed steps to promote tourism, particularly in the northeast, adding that strengthening states would ensure balanced and inclusive development.

Building A Modern Ecosystem For Women-Led SHGs

Touching upon women-centric measures, PM Modi said over ten crore women are linked to self-help groups and noted, “The budget prioritises building a modern ecosystem for women-led self-help groups. Efforts are also underway to construct new hostels for girls in every district, making education more accessible.”

He added that agriculture and fisheries remain key priorities, stating, “The government has always prioritised agriculture and fisheries, and this budget introduces key measures to support farmers involved in coconut, cashew, cocoa, and sandalwood production.”

Mentioning the Bharat Vistar AI tool, the Prime Minister said it would help farmers access information in their own language and ‘greatly aid them,’ while promoting entrepreneurship in fisheries and animal husbandry would generate local employment and self-employment in villages.

Concluding his remarks, PM Modi said, “This budget is ambitious and addresses the aspirations of the nation. I once again congratulate Finance Minister Nirmala Sitharaman and her team for this futuristic, inclusive budget that prioritises the welfare of villages, the poor, and farmers.”

Also Read: Budget 2026-27 Targets Fiscal Deficit At 4.3% Over Growth And Infrastructure Push