PM Modi Hails Historic Trade Deals and Union Budget Vision

Prime Minister Narendra Modi addressed NDA MPs, emphasizing a visionary Union Budget 2026, and lauded impactful trade deals with the US and EU. Amid political shifts, with smaller parties joining NDA, Modi highlighted strategic FTAs aimed at buoying India's global standing. The US-India trade accord promises significant tariff reductions and economic collaboration.

Prime Minister Narendra Modi, at the NDA Parliamentary Party Meeting on Tuesday, articulated a long-term vision for India's economic future, optimistically framing the Union Budget 2026 as pivotal for the next quarter-century. He urged parliamentarians to communicate its objectives to the public to foster comprehension and support.

Touching on political dynamics, Modi noted an increasing coalition of smaller parties aligning with the NDA, attributing it to the alliance's widespread acceptance and international respect. He underscored the substantial completion of nine trade agreements, notably the India-EU FTA and a groundbreaking deal with the United States.

The trade accord with the US, announced by former President Donald Trump, includes major tariff reductions and a commitment from India to enhance 'Buy American' initiatives. Modi expressed enthusiasm, lauding diminished tariffs on Indian goods, viewing these trade developments as transformative for India's global trade footprint.

(With inputs from agencies.)