India to ensure Aatmanirbharta, Budget driven by Yuvashakti: FM Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Sunday said that the government has ensured Aatmanirbharta across the spectrum despite geopolitical uncertainties, adding that the economic trajectory has been marked by stability towards the Viksit Bharat at 2047 goal.

Presenting her ninth consecutive Budget, the Finance Minister said the aim is to build and accelerate economic growth and fulfil the aspirations of the people with the motto of ‘Sabka Saath, Sabka Vikas’.

“Our government has decisively and consistently chosen action over ambivalence, and we have pursued far-reaching structural reforms, fiscal prudence and monetary stability, while maintaining a strong thrust on public investment,” Sitharaman said.

“Today, we face an external environment in which trade and multilateralism are imperilled. And access to resources and supply chains is disrupted. New technologies are transforming production systems while sharply increasing demand on water, energy, and critical minerals. India will continue to take confident steps towards Viksit Bharat by balancing ambition with inclusion,” she told the Lok Sabha

FM Sitharaman presented the 15th Budget of the PM Modi government. This is also the second full Budget since the National Democratic Alliance (NDA) came to power for a third consecutive term in 2024.

Sitharaman is also the first woman Finance Minister of the country to present the Budget in Parliament for the ninth consecutive time.

The budget is likely to focus more on capital expenditure, especially in sectors deemed to be strategically important owing to prevailing geopolitical compulsions.

After the presentation of the Union Budget 2026-27, the Finance Minister will interact with around 30 college students from different regions of the country. As part of this initiative, the college students are witnessing the presentation of the Union Budget live from the Lok Sabha Gallery, offering them a chance to view one of the most significant Parliamentary proceedings of the year.

During the course of preparing the Budget, various inputs have been sought from the country’s citizens, including youth, through various platforms, which will be reflected in the upcoming Union Budget 2026-27.

IANS

 

Rupee hits record low of 92.63 amid firm dollar, import pressures

Mumbai: The rupee on Wednesday touched a fresh record low of 92.63 against the US dollar, amid a firming greenback and continued foreign fund outflows. At the interbank foreign exchange,...

Gold, silver fall up to 2 pc amid fading Fed rate cut hopes, geopolitical tensions

New Delhi: Gold and silver prices declined on Monday amid fading hopes of a near-term interest rate cut by the US Federal Reserve, while escalating tensions in West Asia kept...

Cyrus Mistry says won’t take up chairmanship of Tata Sons

Jan 5, 2019 New Delhi:  In a major turn in the Tata-Mistry saga, Cyrus Mistry on Sunday said that he would not take up the chairmanship of Tata Sons or...

Tata Motors produced zero Nanos in 2019, sold just one

Jan 7, 2020 Mumbai:Tata Motors did not even produce a single unit of its entry-level offering, Nano, during 2019, while it managed to sell just one unit during the year....

Growth estimate subdued, can force fiscal stimulus in Budget

Jan 7, 2020 New Delhi: The government on Tuesday forecast 5 per cent growth for the current financial year, which is the slowest pace in 11 years, and may force...

‘Lack of credit, lower consumption led India’s growthrate to 5%’

by Arul Louis Jan 9, 2020 United Nations: The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for...

December auto sales decline by over 13%

10, 2020 New Delhi: The domestic automobile sales continued to decline in December with the overall sectoral off-take plunging 13.08 per cent on a year-on-year basis, data showed on Friday....

Amazon CEO Bezos’s India visit crucial as ecommerce space gets fierce

Jan 10, 2020 New Delhi: As the Indian ecommerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff...

Star unicorn Oyo shuts door on employees in India, China

Jan 13, 2020 New Delhi: Ritesh Agarwal-led Indian hospitality unicorn Oyo, currently the second top unicorn after Paytm and valued at nearly $10 billion in the country, has acted tough...

US ends China’s designation as currency manipulator

Washington: The US has dropped its designation of China as a "currency manipulator", just two days before the two countries were scheduled to sign an agreement at the White House...

Amazon to invest $1 bn to digitise Indian SMBs: Bezos

Jan 15, 2020 New Delhi: In a major announcement showing Amazon's support for Indian MSMEs, CEO Jeff Bezos on Wednesday said that the company would invest $1 billion in digitising...

21st to be an Indian century: Bezos

Jan 15, 2020 New Delhi: Making major investment announcements for small and medium businesses (SMB), Amazon CEO Jeff Bezos on Wednesday said that the 21st century will be the century...

Read Previous

FM Sitharaman lists 3 ‘Kartavyas’ to accelerate economy, empower poor

Read Next

5th T20I: Kishan’s 42-ball hundred, Suryakumar’s 63 carries India to mammoth 271/5

WP2Social Auto Publish Powered By : XYZScripts.com