“Viksit Bharat Budget guarantees to strengthen the foundation of a developed India”
“This budget carries the confidence of continuity”
“This budget is a reflection of the aspirations of Young India”
“We set a big goal, achieved it, and then set an even bigger goal for ourselves”
“Budget focuses on empowering the poor and middle-class”

My dear countrymen,

Today's Budget, though an Interim Budget, is an inclusive and innovative Budget. This Budget carries the confidence of continuity. This Budget will empower all four pillars of ‘Viksit Bharat’ -- youth, the poor, women, and farmers. Nirmala ji's Budget is a Budget for building the future of the country. This Budget carries the guarantee of strengthening the foundation of ‘Viksit Bharat’ by 2047. I congratulate Nirmala ji and her team wholeheartedly.

Friends,

This Budget reflects Bharat’s young aspirations. Two important decisions have been taken in the Budget. A fund of Rs. 1 lakh crore has been announced for research and innovation. There has also been an announcement in the Budget to expand the tax exemption for start-ups.

Friends,

While keeping the fiscal deficit under control in this Budget, a historic high of Rs. 11 lakh 11 thousand 111 crore has been allocated for capital expenditure. In the language of economists, this is somewhat of a sweet spot. This will not only lead to the construction of 21st-century modern infrastructure in Bharat, but also create countless new opportunities for employment for the youth. In the Budget, it has been announced to manufacture 40,000 modern coaches under the 'Vande Bharat Standard' and induct them in regular passenger trains. This will enhance the experience of comfortable travel for millions of passengers on different railway routes across the country.

Friends,

We set a big goal, achieve it, and then set an even bigger goal for ourselves. We have built more than 4 crore houses for the poor in villages and cities. Now we have set a goal of building 2 crore more new houses. Our initial goal was to make 2 crore women 'Lakhpati Didis'. Now, this goal has been increased to making 3 crore ‘Lakhpati Didis’. The Ayushman Bharat scheme has greatly helped the poor. Now, Anganwadi and ASHA workers will also benefit from this scheme.

Friends,

In this Budget, significant emphasis has been placed on empowering the poor and middle class, creating new income opportunities for them. Under the Rooftop Solar campaign, one crore families will receive free electricity through solar rooftop panels. Not only this, people will also earn an additional income of 15 to 20 thousand rupees annually by selling surplus electricity to the government. This income will be available to every family.

Friends,

The announcement of the income tax remission scheme today will provide significant relief to nearly one crore middle-class individuals. Previous governments had burdened the common man with a heavy sword hanging over their heads for decades. Today, crucial and significant decisions have also been made for the farmers in this Budget. Whether it's the use of Nano DAP, a new scheme for livestock, expansion of the PM Matsya Sampada Yojana, or the Aatmanirbhar Oil Seed Abhiyan, farmers' income will increase, and there will be considerable reduction in expenses. Once again, I extend my best wishes to all citizens for this historic Budget. Thank you very much.

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PM to visit Rajasthan on 21st April
April 20, 2026
PM to dedicate India’s first greenfield integrated Refinery-cum-Petrochemical Complex at Pachpadra in Balotra
9 MMTPA Greenfield Refinery-cum-Petrochemical Complex has been established with an investment of over ₹79,450 crore
The state-of-the-art complex integrates refining and petrochemical production
Project to play a pivotal role in strengthening India’s energy security and enhancing petrochemical self-sufficiency

Prime Minister Shri Narendra Modi will visit Rajasthan on 21st April 2026. At around 11:30 AM, Prime Minister will dedicate to the nation India’s first greenfield integrated Refinery-cum-Petrochemical Complex at Pachpadra in Balotra. He will also address a public gathering on the occasion.

This landmark project represents a significant milestone in India’s energy and petrochemical sector. Developed as a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan, the 9 Million Metric Tonnes Per Annum (MMTPA) Greenfield Refinery-cum-Petrochemical Complex has been established with an investment of over ₹79,450 crore.

The state-of-the-art complex integrates refining and petrochemical production, with a petrochemical capacity of 2.4 MMTPA. The refinery features a high Nelson Complexity Index of 17.0 and petrochemical yields exceeding 26%, aligning with global benchmarks for efficiency and sustainability.

The project is expected to play a pivotal role in strengthening India’s energy security, enhancing petrochemical self-sufficiency, and driving industrial growth. It will serve as an anchor industry for the development of a Petrochemical and Plastic Park in the region, promoting downstream industries and ancillary sectors. Additionally, the refinery is poised to generate significant employment opportunities, contributing to the socio-economic development of the region.