The Prime Minister addressed the media before the start of the Budget Session of 2026 at the Parliament premises today. The Prime Minister underlined that the next 25 years are crucial to achieving the goal of a developed India by 2047, and this budget is the first of the second quarter of the century.
He said that the Free Trade Agreement between India and the European Union at the start of this quarter reflects the bright future of India’s youth and the promising directions ahead. He emphasised that this agreement is free trade for an ambitious India, for aspirational youth, and for an Atmanirbhar Bharat.
The Prime Minister expressed firm belief that India’s manufacturers will seize this opportunity to enhance their capacities. He urged all producers that with what is called the “Mother of All Deals” between India and the European Union, a vast market has now opened, and Indian goods will reach there at lower costs.
He cautioned that industry leaders and manufacturers should not remain complacent, but instead focus on quality. He stressed that entering this open market with the best quality products will not only earn profits from buyers across 27 EU countries but also win their hearts, creating long-lasting impact for decades. He noted that companies’ brands, aligned with the nation’s brand, will establish new prestige. Shri Modi underlined that this agreement with 27 countries brings immense opportunities for India’s fishermen, farmers, youth, and those in the services sector eager to explore global avenues. He expressed confidence that this marks a significant step towards a confident, competitive, and productive India.
The Prime Minister remarked that while national attention naturally turns towards the Budget, the identity of this government has been Reform, Perform, and Transform. He highlighted that the nation is now moving rapidly on the Reform Express. He said that every decision aimed at national progress remains human-centric.
He underlined that while India will compete with technology, absorb it, and accept its power, the government will never compromise on human-centric systems, advancing with a vision that balances technology with sensitivity.
