New Delhi, Feb 26 (NationPress) Prime Minister Narendra Modi is set to conduct a post-Budget webinar titled "Technology, Reforms, and Finance for Viksit Bharat" on Friday morning through video conferencing, as stated by the PMO.

This webinar will focus on various topics, including public capital expenditure, infrastructure development, reforms in the banking sector, financial sector frameworks, enhancing capital markets, and improving the ease of living via tax reforms, according to the announcement.

It marks the first of a series of post-Budget webinars designed around critical themes arising from the Union Budget 2026-27. The purpose of these webinars is to extract lessons from previous experiences and gather structured feedback from stakeholders to strengthen the implementation of the Budget announcements for FY 2026-27, leveraging the practical insights from a wide array of participants, as mentioned in the statement.

Participants will include representatives from industries, financial institutions, market players, government bodies, regulatory agencies, and academia, who will discuss effective pathways for executing key Budget announcements.

As part of the Budget for 2026-27, Finance Minister Nirmala Sitharaman declared a capital expenditure of Rs 12.2 lakh crore aimed at enhancing significant infrastructure projects, thereby fostering growth and job creation in the economy. An Infrastructure Risk Development Fund has been instituted to expedite big project developments.

To stimulate economic growth, the Budget proposes substantial investments in infrastructure, including highways, ports, railways, and power projects, alongside scaling manufacturing across seven strategic sectors and nurturing champion MSMEs.

The Finance Minister noted that the government is committed to fiscal responsibility and monetary stability while maintaining a robust focus on public investments. India is expected to integrate more deeply with global markets, promoting exports and attracting foreign investments.

Furthermore, Finance Minister Sitharaman anticipates a decrease in the fiscal deficit to 4.3% of GDP for 2026-27, reflecting the government’s ongoing efforts in fiscal consolidation to ensure stable economic growth.

During her budget address on February 1, she reaffirmed the government’s commitment to reduce the fiscal deficit to 4.4% in the 2025-26 Budget and further aim for 4.3% as part of their fiscal prudence strategy.

This target aims to strike a balance between fostering economic momentum and ensuring stable public finances. The fiscal deficit indicates the disparity between the government’s total expenditure and total revenue.