PM Modi: Budget 2026-27 to Transform Cities, EU Trade Deal to Boost Punjab Exports

Business
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Moneycontrol•01-02-2026, 22:46
PM Modi: Budget 2026-27 to Transform Cities, EU Trade Deal to Boost Punjab Exports
- •PM Modi stated the Union Budget 2026-27 focuses on developing cities like Jalandhar and Ludhiana into major growth centers.
- •He highlighted that the free trade agreement (FTA) with the European Union will significantly benefit Indian manufacturers, especially those in Punjab, by opening up new export markets.
- •The Budget allocates Rs 17 lakh crore to empower villages, the poor, farmers, youth, and women, promoting 'Aatmanirbhar Bharat' and 'Make in India'.
- •Modi emphasized government investments in infrastructure, cheaper medical treatments, and initiatives to make life-saving medicines more affordable.
- •The Budget also supports MSMEs, the textile sector, and sports development through the Khelo India Mission, with mega textile parks planned.
Why It Matters: PM Modi announced the Budget's focus on urban development and an EU trade deal to boost Punjab's exports.
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