PM Modi: India Aims for Third-Largest Economy, Not Content with Fourth

Budget
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CNBC TV18•01-02-2026, 14:40
PM Modi: India Aims for Third-Largest Economy, Not Content with Fourth
- •PM Modi stated India is not satisfied with being the world's fourth-largest economy and aims to become the third-largest soon.
- •He described the Union Budget 2026-27 as providing 'fresh fuel to the reform express' and a strong foundation for Viksit Bharat 2047.
- •The Budget emphasizes reducing fiscal deficit, controlling inflation, and creating opportunities for citizens and businesses.
- •Modi highlighted the Budget's focus on youth, calling it a 'Yuva Shakti Budget' with initiatives like Khelo India.
- •The Prime Minister also noted a strong push for women-led development and strengthening the 'local to global' mission.
Why It Matters: PM Modi asserts India's ambition to become the world's third-largest economy, driven by the 2026-27 Budget.
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