Finance Minister Nirmala Sitharaman said she was presenting the Union Budget 2026 on the occasion of Magha Purnima and Guru Ravidas Jayanti. While beginning her budget speech, she stated that despite many global uncertainties over the last 12 years, India has been able to maintain a stable economy.
She said the government has focused on long-term planning and has carried out deep and meaningful structural reforms. The finance minister explained that the country has moved forward with the goal of self-reliance and has reduced its dependence on imports.
Nirmala Sitharaman also spoke about the challenges facing global trade. She said external pressures are affecting trade and multilateral cooperation across the world. At the same time, she noted that new technologies are changing production systems globally. Despite these challenges, she expressed strong confidence that India will continue to move steadily towards becoming a developed nation.
The finance minister said India should be more deeply connected with global markets and increase its exports. She added that India is on a clear path to becoming one of the world’s largest economies. During her speech, she thanked the people of the country for supporting this journey and standing with the government through economic changes and reforms.
While presenting Budget 2026, Nirmala Sitharaman said the government is taking strong steps to move India closer to the goal of a developed nation. She said India is becoming more closely linked with the global economy. She began Part A of her budget speech by expressing gratitude to Indian citizens for helping the country emerge as one of the world’s major economies.
The finance minister also made it clear that the budget has been designed to benefit all sections of society. She said special focus has been given to farmers, Scheduled Castes, Scheduled Tribes, youth, women, and the poor. According to her, the aim of the budget is inclusive growth, ensuring that development reaches every section of the population.
