PM Modi: Budget Prioritizes Infrastructure, Jobs Over Populist Spending

• PM Modi states the Union Budget avoids short-term populism, focusing on record capital outlays for infrastructure to drive jobs and sustainable growth.
• He emphasizes productive spending as a hallmark of his government, reflecting a strategic choice to invest in assets that create future economic capacity.
• The FY27 Budget scales up capital expenditure to ₹12.2 lakh crore, a 5-times increase from 2013, prioritizing rail, roads, digital, and energy infrastructure.
• Modi highlights significant investments in emerging sectors like biopharma and semiconductors, aiming to boost jobs and strengthen India's future.
• The Prime Minister notes governance reforms, including reducing paperwork and decriminalizing offenses, to foster trust-based governance and enable citizens.