Budget 2026: PM Modi's Vision for Economic Sovereignty and National Strength

Opinion
N
News18•01-02-2026, 16:00
Budget 2026: PM Modi's Vision for Economic Sovereignty and National Strength
- •Budget 2026 is presented as a political statement focused on India's economic sovereignty and resilience in an unstable global order, prioritizing strength over comfort.
- •The budget shifts from welfare politics to 'capability politics,' with a significant capital expenditure push of ₹12.2 lakh crore to build national assets like infrastructure.
- •Manufacturing is treated as a 'sovereignty imperative,' exemplified by India Semiconductor Mission (ISM) 2.0 and Rare Earth Corridors, aiming for strategic autonomy in critical technologies.
- •Digital infrastructure is enhanced through tax holidays for data centers, asserting digital sovereignty and making India a trusted digital hub.
- •The budget re-maps India's economic geography with high-speed rail corridors and logistics reforms, while also embracing the 'Orange Economy' for youth and cultural content.
Why It Matters: Budget 2026 outlines PM Modi's long-term strategy for India's economic sovereignty, resilience, and strategic autonomy.
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