PM Narendra Modi (file image)
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Moneycontrol01-02-2026, 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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