India's 'Reform Express': Modi's Vision for a Developed Nation

Prime Minister Narendra Modi highlights the focus on long-term growth in the latest Union Budget, emphasizing infrastructure investment over short-term populism. The budget, reflecting Modi's governance style, aims to boost job creation and economic stability while laying the groundwork for a developed India by 2047.

Prime Minister Narendra Modi has labeled productive spending as a keystone of his administration, revealing that the Union Budget avoids transient populism in favor of record capital expenditure on infrastructure to boost employment and sustainable growth.

In an exclusive interview with PTI, the Prime Minister stated that the budget reflects his governance style by prioritizing structured reforms and infrastructural investment, signaling the government's intention to develop India over the next quarter of a century.

By increasing capital expenditure fivefold since 2013, Modi aims to leverage infrastructure and capital investment as engines for long-term growth, focusing on sectors including rail, roads, digital, and energy infrastructures, with a vision to transform India into 'Viksit Bharat' by 2047.

(With inputs from agencies.)