PM Modi Calls for Collaborative Efforts to Ensure Reforms Reach Grassroots
Synopsis
In a recent webinar, Prime Minister Narendra Modi articulated the significance of this year's Union Budget in steering India towards a 'Viksit Bharat' by advocating for collective action among stakeholders. He underscored the importance of technology and reforms in making a tangible impact at the grassroots level.
Key Takeaways
Union Budget 2026-27 aims for a 'Viksit Bharat'.
Collaboration among stakeholders is crucial for effective reform implementation.
Leveraging technology is essential for transparency and accountability.
Government capital expenditure has reached record levels.
Post-Budget webinars will enhance feedback for successful implementation.
New Delhi, Feb 27 (NationPress) Prime Minister Narendra Modi emphasized on Friday that this year's Union Budget is a pivotal step towards a 'Viksit Bharat' — fueled by technology, reforms, and finance. He called upon all stakeholders to work collaboratively to ensure that reforms penetrate the grassroots level.
During a post-Budget webinar, PM Modi encouraged stakeholders to transform reforms into tangible outcomes, proposing the establishment of a charter that includes the government, industry leaders, financial institutions, and educational bodies to achieve the vision of ‘Viksit Bharat' by 2047.
“The Union Budget for 2026-27 is designed to enhance the ease of doing business, simplify processes, and advocate for technology-driven governance. This is the moment to board the Reform Express with an emphasis on excellence in policy delivery,” stated the Prime Minister during the virtual event.
“We must leverage AI, Blockchain, and data analytics to ensure transparency, expedite processes, and enhance accountability. Additionally, it is crucial to prioritize grievance redressal monitoring,” PM Modi added.
Highlighting a significant rise in government capital expenditure over the past decade, PM Modi remarked that the increased spending sends a clear signal to the private sector.
He noted that eleven years ago, the government’s capital expenditure was merely Rs 2 lakh crore.
“Today, it has surged past Rs 12 lakh crore. Such substantial government investment is a strong message for the private sector. Industry and financial institutions should engage with renewed vigor,” asserted the Prime Minister.
“Our focus on bolstering infrastructure for the past ten years — encompassing highways, railways, ports, digital networks, and power systems — is aimed at creating assets that will boost productivity for decades,” PM Modi emphasized.
“We should pursue reforms in the bond market and mitigate risks to attract sustained foreign investment. Adopting global best practices is essential to enhance market confidence,” PM Modi concluded.
This webinar marks the first in a series of discussions following the Union Budget 2026-27, aimed at refining and implementing the announcements made for FY 2026-27 through valuable feedback from a broad range of participants.
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Point of View
India aims to create a robust framework for sustainable growth, emphasizing a nation-first strategy that prioritizes grassroots development.
NationPress
6 May 2026
Frequently Asked Questions
What is the main focus of the Union Budget 2026-27?
The Union Budget 2026-27 focuses on creating a 'Viksit Bharat' through technology, reforms, and financial initiatives aimed at ensuring that these reforms reach the grassroots level.
How does PM Modi propose to achieve the vision of 'Viksit Bharat'?
PM Modi suggests forming a charter that includes the government, industry, financial institutions, and academia to collaboratively implement reforms effectively.
What role do technology and data analytics play in the Union Budget?
Technology, including AI and Blockchain, is emphasized for enhancing transparency, speed, and accountability in governance.
What has been the trend in government capital expenditure?
Government capital expenditure has significantly increased from Rs 2 lakh crore eleven years ago to over Rs 12 lakh crore today, signaling a strong commitment to infrastructure development.
What is the significance of the post-Budget webinars?
The post-Budget webinars aim to gather structured feedback from participants to strengthen the implementation of the Budget announcements for FY 2026-27.
