Prime Minister Modi noted that the Budget Session comes at a historic moment, marking the completion of the first 25 years of the 21st century and the start of the next quarter. He said the coming 25 years will be critical in achieving the goal of a developed India by 2047, and the Union Budget 2026 will lay the foundation for this journey.

PM Modi addresses media ahead of Budget Session
New Delhi: Prime Minister Narendra Modi on Wednesday said that the Budget Session of 2026 marks a decisive phase in India’s journey towards becoming a developed nation, as he addressed the media ahead of the session at the Parliament complex.
Describing the President’s Address as a reflection of the confidence, hard work, and aspirations of 140 crore Indians, the Prime Minister said it set clear guiding principles for lawmakers at the very beginning of the year. He added that the address highlighted the expectations of the youth in simple yet powerful terms, making the ongoing session particularly significant.
First Budget of Century’s Second Quarter Crucial for India@2047
Prime Minister Modi noted that the Budget Session comes at a historic moment, marking the completion of the first 25 years of the 21st century and the start of the next quarter. He said the coming 25 years will be critical in achieving the goal of a developed India by 2047, and the Union Budget 2026 will lay the foundation for this journey.
He also highlighted that Finance Minister Nirmala Sitharaman is presenting the Union Budget for the ninth consecutive time, calling it a proud milestone in India’s parliamentary history.
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India-EU Trade Deal Opens New Avenues for Growth
Calling the India-European Union Free Trade Agreement a major achievement, the Prime Minister said the deal reflects India’s growing global confidence and opens vast opportunities for youth, farmers, fishermen, manufacturers, and service providers.
PM Modi addresses Budget Session
He said the agreement provides Indian producers access to a large market of 27 European countries at competitive costs and urged industries to focus on quality rather than complacency. Emphasising that global competitiveness depends on excellence, he said Indian brands, aligned with the nation’s image, can create long-term impact and goodwill in international markets.
Reform, Perform, Transform Remains Government’s Core Approach
The Prime Minister reiterated that the defining identity of his government has been “Reform, Perform and Transform,” adding that India is moving swiftly on what he described as the “Reform Express.” He thanked Members of Parliament for their constructive role in advancing this reform agenda.
He said the government is shifting from prolonged challenges to permanent solutions, creating predictability and strengthening global trust in India. Stressing that development remains human-centric, he said technology will be embraced without compromising sensitivity and inclusiveness.
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Democracy and Demography a Global Source of Hope
Prime Minister Modi said India’s democracy and young population have emerged as a source of optimism for the world. He added that Parliament, as the temple of democracy, offers an opportunity to demonstrate India’s commitment to democratic values and decision-making through dialogue and consensus.
Calling for unity and cooperation, he urged lawmakers to focus on solutions rather than disruptions, and to support empowering decisions and effective last-mile delivery.
The Prime Minister concluded by extending his best wishes to all Members of Parliament for a productive Budget Session.