New Delhi, February 27 – Prime Minister Narendra Modi will address the post-Budget webinar on "Technology, Reforms, and Finance for Viksit Bharat" on Friday morning via video conferencing.
The webinar will focus on discussions on public capital expenditure, infrastructure, banking sector reforms, financial sector architecture, deepening capital markets, and ease of living through tax reforms, according to the statement.
The webinar is the first in a series of post-Budget webinars being organized on key themes emerging from the Union Budget 2026-27, and aim to learn from past experiences and obtain structured feedback from participants to strengthen and ensure the implementation of the Budget announcements for the fiscal year 2026-27, drawing upon the practical experience and insights of diverse stakeholders, as per the statement.
It will bring together stakeholders from industry, financial institutions, market participants, the Government, industry regulators, and academia to discuss effective implementation pathways for key Budget announcements, it added.
Finance Minister Nirmala Sitharaman announced a capital expenditure of ₹12.2 lakh crore in the Budget for 2026-27 to boost large-scale infrastructure projects and stimulate economic growth and job creation. An Infrastructure Risk Development Fund has also been established to accelerate the development of large projects.
To spur economic growth, the Budget proposes a strong push for infrastructure, including highways, ports, railways, and power projects, scaling up manufacturing in 7 strategic sectors, and creating champion MSMEs.
The Finance Minister said that the government has maintained fiscal prudence and monetary stability while focusing on public investments. India must deeply integrate with global markets, exporting more and attracting foreign investment.
Finance Minister Sitharaman has projected a further reduction in the fiscal deficit to 4.3 per cent of GDP for 2026-27 as the government continues on the path of fiscal consolidation to ensure economic growth with stability.
In her budget speech on February 1, she said that the government had fulfilled its commitment to reduce the fiscal deficit to 4.4 per cent in the Budget for 2025-26, and would now reduce it further to 4.3 per cent as it continues on the path of fiscal prudence.
She said that the target reflects a balance between supporting economic momentum and keeping public finances stable. The fiscal deficit represents the gap between the government’s total expenditure and its total revenue.