Budget to bolster India's global image as attractive investment destination: Shah

Union Home Minister Amit Shah heralded the new budget as a transformative step for India's global investment appeal, emphasizing growth across diverse sectors.

Union Home Minister Amit Shah said the Budget announced on Sunday "turbocharges the momentum" to bolster India's position on the global stage as the most attractive investment destination for a wide range of sectors, from traditional to the new-age ones.

With a focus on empowering youth, women, and farmers, this budget aims to realize a developed India by 2047. (ANI Video Grab)

"From manufacturing to infrastructure, from health to tourism, from rural areas to AI, from sports to pilgrimage sites, #ViksitBharatBudget is a budget that empowers the dreams of the youth, women, and farmers of every village, every town, and every city, enabling them to realize those dreams," Shah said in a series of messages on 'X'.

Congratulating Prime Minister Narendra Modi and Nirmala Sitharaman for "resounding reaffirmation" of the government's commitment to drive growth and development with fiscal prudence, Shah said the budget fulfils the target of keeping the fiscal deficit below 4.5 per cent.

"Through the Budget 2026-27, Prime Minister Modi Ji has proven that Atmanirbhar and Viksit Bharat is not just a slogan, but the resolve of our government. This budget not only provides a clear blueprint for empowering every sector, every class, and every citizen, but also offers a grounded vision to encourage it, which will support it at every step. #ViksitBharatBudget is a vision for building an India that leads in every field in the world," he said.

Shah said a historic decision has been taken in the Budget to launch the Mahatma Gandhi Gram Swaraj Yojana in the direction of realising Mahatma Gandhi's dream of Gram Swaraj.

"This will strengthen the rural economy and provide new support to weavers, farmers and the handloom industry," he said.

The Union home minister said the decision to benefit three crore farmers through the Coconut Promotion Scheme in coastal areas, promote production and export of cashew and coconut, and conserve sandalwood clearly demonstrates that Prime Minister Modi is fully committed to the prosperity of farmers and to making agriculture a profitable enterprise.

"A visionary decision has been taken in the #ViksitBharatBudget to increase farmers' income through livestock. Increasing the number of veterinarians, expanding veterinary centers and training centers will strengthen the livestock-based economy," he said.

"#ViksitBharatBudget will give unprecedented momentum to connectivity in India. Seven high-speed rail corridors announced today aimed at supercharging inter-city connectivity and slashing down travel time across key economic and population centres of our country," he said.

Shah said decisions such as providing credit-linked subsidies for the dairy and poultry sectors, developing 500 reservoirs to promote fisheries, and providing access to global markets will prove to be milestones in the direction of the Modi government's resolve to increase farmers' income.

"#ViksitBharatBudget embodies Bharat as a nation forging its new identity as an emerging economic power center with resolute trust in its own strengths. Post covid, PM @narendramodi Ji's visionary economic policies have fuelled the Indian economy. #ViksitBharatBudget turbocharges the momentum to bolster India's position on the global stage as the most attractive investment destination for a wide range of sectors, from traditional to the new-age ones," he said.

This story has been published from a wire agency feed without modifications to the text.