India

PM Modi To Join Post-Budget Webinar On Technology, Reforms And Finance For Viksit Bharat

Prime Minister Narendra Modi will participate in a post-Budget webinar titled ‘Technology, Reforms and Finance for Viksit Bharat’ on Friday morning via video link, as confirmed by the Prime Minister’s Office.

The forum will concentrate on major policy thrust areas identified in the Union Budget 2026–27.

The agenda includes deliberations on public capital investment, infrastructure financing, banking and financial sector restructuring, expansion of capital markets and tax reforms aimed at improving the quality of life.

This programme inaugurates a series of focused webinars intended to convert Budget announcements into tangible outcomes.

Organisers aim to collect structured inputs from a broad cross-section of stakeholders while incorporating lessons from previous initiatives to strengthen implementation during the 2026–27 financial year.

Industry leaders, financial institutions, regulatory authorities, academic experts and government representatives will exchange views on practical execution strategies.

In presenting the Union Budget 2026–27, Finance Minister Nirmala Sitharaman unveiled a capital expenditure allocation of Rs 12.2 lakh crore to drive major infrastructure expansion and support employment generation.

The government has additionally created an Infrastructure Risk Development Fund to fast-track critical large-scale projects.

The Budget sets out a comprehensive push for highways, ports, rail networks and power infrastructure, alongside efforts to expand manufacturing capacity across seven priority sectors and nurture competitive micro, small and medium enterprises.

The Finance Minister highlighted the administration’s adherence to fiscal responsibility while sustaining strong public investment levels. She projected that the fiscal deficit would narrow to 4.3 per cent of GDP in 2026–27, continuing the consolidation path.

Why It Matters?

In her 1 February Budget address, she observed that the deficit had already been reduced to 4.4 per cent for 2025–26 and would decline further in the coming year. The objective is to maintain economic growth while safeguarding fiscal stability.

The fiscal deficit, representing the shortfall between government spending and revenue receipts, remains a critical indicator of macroeconomic balance and long-term sustainability.

Also Read: PM Modi To Commission Micron’s Rs 22,516-Crore Semiconductor Plant In Sanand

Bishal Singh

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