Prime Minister Narendra Modi addresses post-Budget webinar on ‘Technology, reforms and finance for Viksit Bharat’, via video conferencing, on Friday.
| Photo Credit:
ANI
Prime Minister Narendra Modi on Friday urged India Inc to invest in big way. He also stressed for delivery excellence.
Addressing the first post-Budget webinar on ‘Technology, Reforms and Finance for Viksit Bharat’, he emphasised that while any policy can create a framework, its ultimate success depends on the active participation of all stakeholders. He called upon the industry to step forward with fresh investment and innovation, while urging financial institutions and analysts to assist in preparing practical solutions and strengthening market confidence.
“When the government, industry and knowledge partners move forward in unison, reforms are successfully converted into results. Budget announcements are converted into tangible results on the ground only through this collective synergy,” Modi asserted.
Long-term commitment
Highlighting the government’s commitment to building long-term productive assets, the Prime Minister pointed out the significant rise in public capital expenditure. “Over the last 11 years, the provision has grown from approximately ₹ 2 lakh crore to over ₹ 12 lakh crore in the current Budget. This investment serves as a clear signal for the private sector to increase participation in infrastructure and innovation,” Modi emphasised.
He called upon the industry and financial institutions to come forward with new energy, emphasising the need for greater participation in infrastructure, more innovation in financing models and stronger collaboration in emerging sectors. He further suggested that the project sanction methodology and appraisal quality must be strengthened, keeping cost-benefit analysis and life-cycle costing paramount to eliminate waste and delays.
Prime Minister Narendra Modi addresses post-Budget webinar on ‘Technology, reforms and finance for Viksit Bharat’, via video conferencing, on Friday. Union Minister for Finance and Corporate Affairs Nirmala Sitharaman attends through video conferencing.
| Photo Credit: ANI
Modi said India‘s resilience over the past decade was driven by conviction-led reforms and sustained efforts to improve ease of doing business. India has undertaken technology-led governance, strengthened institutions and even today the country is on the path of reforms.
“To sustain the reform express momentum, we not only need to focus on policy intent but also have to focus on delivery excellence. The evaluation of reforms should be on the basis its impact on the ground. We should extensively use AI, blockchain, data analytics to improve transparency, speed and accountability,” he said.
Prime Minister Narendra Modi addresses a webinar on ‘Technology, Reforms and Finance for Viksit Bharat’.
| Photo Credit: PTI
He proposed the creation of a ‘Reform Partnership Charter’ to formalise collaboration among government, industry, financial institutions and academia as part of the goal of achieving Viksit Bharat by 2047. Modi said when government, industry and knowledge partners come together, “reforms translate into results”, and “announcements on paper turn into achievements on the ground”.
On investor policies
Listing out investor-friendly policies announced by the government, he said, foreign investment framework has been simplified, and greater predictability has been brought in. Besides, measures have been taken for deepening of the bond market, he said, adding that new instruments with less risk should be developed to attract sustained foreign investment.
Observing that the Budget is often evaluated on different parameters, Modi said “the national Budget is not a short-term trading document. It is a policy roadmap. Therefore, the effectiveness of the Budget should also be assessed on solid and substantive parameters.” “Every year, the Budget webinar held after the Budget is important. My desire is that the webinar should not remain limited to a formal exchange of views, but focus on meaningful brainstorming,” he added.
Published on February 27, 2026