US EditionPM Narendra Modi: Budget Picks Capex over Populism
FY27 Budget boosts capital expenditure to Rs 12.2 lakh crore, focusing on infrastructure and sunrise sectors to enhance productivity and create jobs, says PM Modi.
- Prime Minister Narendra Modi said, `This reflects a conscious strategic choice to invest in assets that create productivity, jobs, and future economic capacity rather than short-term populism`, emphasizing the Budget’s focus on infrastructure to drive growth.
- Framing the Budget as the next phase, Modi said it consolidates gains since 2014 and reflects his governance style for the fiscal year starting April 1.
- On transport and industry, Modi said investments include almost Rs 3 lakh crore for Indian Railways and seven new high-speed rail corridors, focusing on connectivity and regional benefits.
- The Budget aims to prepare youth and boost growth by accelerating momentum, while the Pre-Budget Economic Survey says capital accumulation and reforms raised India's potential growth to 7 per cent.
- Previously, the prime minister highlighted that airports have doubled, metro cities have more than quadrupled, and national highways allocations increased nearly 500 per cent, while freight corridors are expanding.
13 Articles
13 Articles
Deccan Chronicle
MoneycontrolBudget Shunned Populism, Bets On Capex To Power Jobs And Growth: PM Modi
Describing the Budget for fiscal year starting April 1 as reflective of his governance approach, Modi said the document \"is a good reflection of our governance style and priorities\"
Budget Shunned Populism, Bets On Capex To Power Jobs, Growth: PM Modi
Calling productive spending a hallmark of his government, Prime Minister Narendra Modi on Sunday said the just unveiled Union Budget deliberately avoided short-term populism and instead channelled record capital outlays into infrastructure.
Times of India
The Economic TimesPM Narendra Modi: Budget picks capex over populism
Prime Minister Narendra Modi highlighted the Union Budget's focus on infrastructure and capital investment. He emphasized productive spending over short-term populism. The budget aims to drive jobs and sustainable growth. This strategy is designed to accelerate momentum and prepare youth for global opportunities. It builds on reforms to create a developed India.
Budget Special Supplementary Edition: Ambitious Budget For Aspirational India
Budget Special Supplementary Edition: Ambitious Budget For Aspirational India Date of Publish: Sunday, February 1, 2026Image: File: mygov_1771238806127897411.pdfFile Size: 0.8 MBEbook Link: View E-BookNewsletter Type: DefaultFacebookTwitter
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