FM’s Budget Speech Charts Roadmap for Economic Transformation: PM

Modi highlights reforms push, MSME support, infrastructure expansion and social sector investments as key pillars of growth vision

TFP Bureau, New Delhi, February 12, 2026: Prime Minister Narendra Modi on Wednesday said Finance Minister Nirmala Sitharaman’s address in the Lok Sabha presented a comprehensive and forward-looking picture of how the Union Budget will accelerate India’s economic transformation, emphasising structural reforms, entrepreneurship, infrastructure expansion and social development as its core drivers.

In a message shared on social media, the Prime Minister noted that the Finance Minister’s speech clearly outlined the government’s strategic direction for strengthening the country’s growth trajectory. He pointed out that the Budget focuses on what he described as a “Reform Express,” signalling a continued push toward policy reforms designed to enhance productivity, attract investment and improve governance efficiency.

According to the Prime Minister, special emphasis has been placed on empowering micro, small and medium enterprises (MSMEs), which form the backbone of India’s industrial and employment ecosystem. Measures announced in the Budget aim to expand credit access, encourage innovation, improve market linkages and strengthen digital adoption among small businesses, thereby enabling them to scale operations and compete globally.

He also highlighted the government’s renewed focus on skill development initiatives intended to prepare India’s workforce for emerging sectors and next-generation technologies. The Budget, he said, envisions targeted programmes to enhance employability, foster entrepreneurship and align education and training with industry requirements.

Infrastructure development has been identified as another major pillar of the Budget’s growth strategy. The Prime Minister underscored the importance of investments in modern transport networks, logistics systems, urban infrastructure and digital connectivity, noting that such initiatives would not only boost economic activity but also improve quality of life and regional connectivity.

Alongside economic and infrastructure priorities, the Budget also lays strong emphasis on social sectors. The Prime Minister observed that expanded provisions for healthcare and education reflect the government’s commitment to inclusive development and human capital formation. Increased allocation and policy support in these areas are expected to strengthen public services, improve access and ensure long-term socio-economic progress.

Officials indicated that the government views the Budget as a strategic blueprint for sustaining India’s growth momentum while addressing developmental challenges. The Prime Minister’s remarks underline the administration’s confidence that the policy measures announced will reinforce economic stability, promote investment and create new opportunities across sectors.

With Parliament currently in session, the Finance Minister’s detailed presentation has sparked extensive discussion among policymakers, economists and industry leaders, many of whom see the Budget as a roadmap for accelerating India’s transition toward a high-growth, innovation-driven and globally competitive economy in the coming years.

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