New Delhi, February 27: Prime Minister Narendra Modi will address a post-budget webinar titled “Technology, Reforms, and Finance for a Developed India” via video conferencing this Friday morning.
The webinar will focus on discussions surrounding public capital expenditure, infrastructure, banking sector reforms, financial sector management, strengthening capital markets, and tax reforms aimed at enhancing ease of living.
This session is the first in a series of post-budget webinars that will address key themes emerging from the Union Budget 2026-27. The aim is to learn from past experiences and gather structured feedback from participants to ensure the effective implementation of budget announcements for the fiscal year 2026-27. The initiative seeks to leverage practical insights from various stakeholders, as stated in the announcement.
Officials indicated that the webinar will bring together stakeholders from industry, financial institutions, market participants, government, regulatory bodies, and academia to discuss effective implementation pathways for major budget announcements.
Finance Minister Nirmala Sitharaman announced a capital expenditure of ₹12.2 lakh crore in the 2026-27 budget, aimed at boosting large-scale infrastructure projects and accelerating growth and job creation in the economy. An Infrastructure Risk Development Fund has also been established to expedite the development of major projects.
To stimulate economic growth, the budget proposes robust incentives for infrastructure, including highways, ports, railways, and power projects, enhancing manufacturing in seven strategic sectors, and fostering leading micro, small, and medium enterprises (MSMEs).
The Finance Minister emphasized that the government is committed to maintaining fiscal prudence and monetary stability while placing a strong emphasis on public investment. India must deepen its integration with global markets, increase exports, and attract foreign investments.
Sitharaman projected a fiscal deficit of 4.3% of GDP for 2026-27, as the government moves towards fiscal consolidation to ensure sustainable economic growth. In her budget speech on February 1, she stated that the government had fulfilled its commitment to reduce the fiscal deficit to 4.4% in the 2025-26 budget and aims to further lower it to 4.3%.
She noted that this target reflects a balance between maintaining economic momentum and stabilizing public finances. The fiscal deficit represents the gap between the government’s total expenditure and total revenue.
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My name is Himanshu Tiwari. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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