Prime Minister Narendra Modi on Friday said every reform and allocation in the Union Budget should be viewed as part of India’s long-term goal of becoming a Viksit Bharat by 2047.
Addressing the first post-Budget webinar on ‘Technology, Reforms and Finance for Viksit Bharat’, Modi said: “Every reform, every allocation and every change should be seen as part of a long journey”.
Focus on delivery and reforms
PM Modi said the Indian economy had shown “unprecedented resilience” over the past decade and had undertaken conviction-driven reforms. “Today the country is on a reform express,” he said, adding that in order to maintain this pace, the country needs to focus not only on policy intent but also on delivery excellence.
Capex and infra focus
He added that the capex, along with the ‘reform’ policies, will create fresh opportunities for Indians.
“Policies that expand infrastructure, make access to credit easier, enhance ease of doing business, improve transparency in governance, and make citizens’ lives simpler create new opportunities. The Budget includes decisions linked to these objectives, which provide stability and strength to the economy,” he said.
He also said that the Budget aims to make the system more predictable and investor-friendly.
