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Budget Session 2026: PM Modi Calls It the Beginning of India’s Most Decisive Era
Summary: Ahead of the Budget Session 2026, Prime Minister Narendra Modi said India has entered the most decisive phase of the century, with the Budget and the India–EU Free Trade Agreement set to shape the country’s journey towards becoming a developed nation by 2047.
New Delhi: Prime Minister Shri Narendra Modi on Wednesday addressed the media at the Parliament premises ahead of the commencement of the Budget Session 2026, describing the moment as a historic turning point in India’s democratic and economic journey.
The Prime Minister said the President’s address to Parliament was not just a constitutional formality, but a powerful reflection of the confidence, hard work, and aspirations of 140 crore Indians, especially the country’s youth.
He noted that the President placed several clear guiding points before Members of Parliament at the very start of the session and the year 2026, making this Budget Session one of the most significant in recent times.
PM Modi underlined that the Budget Session 2026 marks the completion of the first quarter of the 21st century and the beginning of the second quarter, a phase that will define India’s future for generations.
“The next 25 years are extremely crucial for achieving the goal of a Developed India by 2047,” the Prime Minister said, adding that this Budget is the first Budget of that decisive phase.
He said the expectations expressed by the President, in simple and clear words, would have been taken seriously by all Members of Parliament, making the session a vital platform for national direction-setting.
Highlighting a proud chapter in parliamentary history, PM Modi said Finance Minister Nirmala Sitharaman, the country’s first woman Finance Minister, will present the Union Budget for the ninth consecutive time.
“This is a matter of pride for Indian democracy,” he said, calling it a symbol of stability, continuity and confidence in governance.
The Prime Minister said the year 2026 has begun on a very positive and confident note, with India emerging as a ray of hope and a centre of attraction for the world amid global uncertainties.
He pointed to the Free Trade Agreement between India and the European Union as a clear sign of India’s growing global trust and economic strength.
Calling the India–EU agreement the “Mother of All Deals”, PM Modi said it represents free trade for an ambitious India, aspirational youth, and a stronger Atmanirbhar Bharat.
He said the agreement opens a massive market of 27 European nations, enabling Indian goods to reach global consumers at lower costs and higher competitiveness.
“This is a golden opportunity for Indian manufacturers,” the Prime Minister said, urging industries to expand capacity, improve technology and focus on world-class quality.
PM Modi cautioned industry leaders against complacency, stressing that success in global markets depends on quality, reliability and trust.
“If Indian products enter Europe with the best quality, they will not only earn profits but also win hearts,” he said, adding that brands aligned with the nation’s image will create long-lasting global impact for decades.
He said this agreement brings immense opportunities for:
Turning attention to governance, the Prime Minister said that while the Budget draws national focus, the true identity of this government remains Reform, Perform and Transform.
He remarked that India is now moving swiftly on the “Reform Express”, shifting away from long-pending problems towards long-term, sustainable solutions that build predictability and global trust.
PM Modi thanked Members of Parliament across parties for contributing positive energy to this reform journey.
The Prime Minister emphasized that every decision taken for national progress is human-centric.
While India will compete globally in technology, adopt innovation and harness its power, the government will never compromise on human values, sensitivity and inclusion, he said.
He noted that even critics acknowledge the government’s strong focus on last-mile delivery, ensuring that welfare schemes reach people’s lives and not just remain on files.
PM Modi said India’s democracy and demography together offer hope to the world.
In the “temple of democracy,” India has the opportunity to send a message of strength, commitment to democratic values and respect for constitutional decisions- a message that is welcomed globally, he added.
“This is not the time for disruption, but for solutions,” the Prime Minister said, urging lawmakers to remove obstacles and work collectively for resolution.
Concluding his address, PM Modi called upon all Members of Parliament to:
He extended his heartfelt thanks and best wishes to all MPs for a productive and meaningful Budget Session.
New Delhi: Prime Minister Shri Narendra Modi on Wednesday addressed the media at the Parliament premises ahead of the commencement of the Budget Session 2026, describing the moment as a historic turning point in India’s democratic and economic journey.
The Prime Minister said the President’s address to Parliament was not just a constitutional formality, but a powerful reflection of the confidence, hard work, and aspirations of 140 crore Indians, especially the country’s youth.
He noted that the President placed several clear guiding points before Members of Parliament at the very start of the session and the year 2026, making this Budget Session one of the most significant in recent times.
First Budget of the Second Quarter of the Century
PM Modi underlined that the Budget Session 2026 marks the completion of the first quarter of the 21st century and the beginning of the second quarter, a phase that will define India’s future for generations.
“The next 25 years are extremely crucial for achieving the goal of a Developed India by 2047,” the Prime Minister said, adding that this Budget is the first Budget of that decisive phase.
He said the expectations expressed by the President, in simple and clear words, would have been taken seriously by all Members of Parliament, making the session a vital platform for national direction-setting.
Historic Moment: Ninth Consecutive Budget by Nirmala Sitharaman
Highlighting a proud chapter in parliamentary history, PM Modi said Finance Minister Nirmala Sitharaman, the country’s first woman Finance Minister, will present the Union Budget for the ninth consecutive time.
“This is a matter of pride for Indian democracy,” he said, calling it a symbol of stability, continuity and confidence in governance.
Confident India Emerges as Global Hope
The Prime Minister said the year 2026 has begun on a very positive and confident note, with India emerging as a ray of hope and a centre of attraction for the world amid global uncertainties.
He pointed to the Free Trade Agreement between India and the European Union as a clear sign of India’s growing global trust and economic strength.
India–EU FTA: ‘Free Trade for Aspirational India’
Calling the India–EU agreement the “Mother of All Deals”, PM Modi said it represents free trade for an ambitious India, aspirational youth, and a stronger Atmanirbhar Bharat.
He said the agreement opens a massive market of 27 European nations, enabling Indian goods to reach global consumers at lower costs and higher competitiveness.
“This is a golden opportunity for Indian manufacturers,” the Prime Minister said, urging industries to expand capacity, improve technology and focus on world-class quality.
Quality Will Decide India’s Global Brand
PM Modi cautioned industry leaders against complacency, stressing that success in global markets depends on quality, reliability and trust.
“If Indian products enter Europe with the best quality, they will not only earn profits but also win hearts,” he said, adding that brands aligned with the nation’s image will create long-lasting global impact for decades.
He said this agreement brings immense opportunities for:
- Farmers and fishermen
- Manufacturers and MSMEs
- Startups and young entrepreneurs
- Service sector professionals
Reform, Perform, Transform Remains Government’s Identity
Turning attention to governance, the Prime Minister said that while the Budget draws national focus, the true identity of this government remains Reform, Perform and Transform.
He remarked that India is now moving swiftly on the “Reform Express”, shifting away from long-pending problems towards long-term, sustainable solutions that build predictability and global trust.
PM Modi thanked Members of Parliament across parties for contributing positive energy to this reform journey.
Technology with a Human Touch
The Prime Minister emphasized that every decision taken for national progress is human-centric.
While India will compete globally in technology, adopt innovation and harness its power, the government will never compromise on human values, sensitivity and inclusion, he said.
He noted that even critics acknowledge the government’s strong focus on last-mile delivery, ensuring that welfare schemes reach people’s lives and not just remain on files.
Democracy, Demography and India’s Global Message
PM Modi said India’s democracy and demography together offer hope to the world.
In the “temple of democracy,” India has the opportunity to send a message of strength, commitment to democratic values and respect for constitutional decisions- a message that is welcomed globally, he added.
“This is not the time for disruption, but for solutions,” the Prime Minister said, urging lawmakers to remove obstacles and work collectively for resolution.
Call for Unity and Solutions
Concluding his address, PM Modi called upon all Members of Parliament to:
- Accelerate the era of solutions
- Empower decision-making
- Strengthen last-mile delivery
- Uphold democratic traditions
He extended his heartfelt thanks and best wishes to all MPs for a productive and meaningful Budget Session.
PM Modi Budget Session 2026 Speech,India EU Free Trade Agreement 2026,Developed India Vision 2047
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