“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 chairs valedictory session of National Departmental Summit on Water
September 02, 2026
This marks the first in a series of Summits envisioned by PM to strengthen spirit of Team India and deepen cooperative federalism
PM stresses adoption of a continuous process of review and follow up to act on actionable and time-bound outcomes
Emphasising Jan Bhagidari, PM calls for promoting Jal Utsav to deepen public awareness on water conservation
PM calls for greater adoption of water-saving technologies and learning from global best practices
PM calls for robust water data governance through effective use of AI
PM suggests structured inter-State Study-visits involving public representatives, officials and farmers on water related issues

Prime Minister Shri Narendra Modi today chaired the valedictory session of the two-day National Departmental Summit on Water, organised by the Ministry of Jal Shakti. The Summit is the first in a series of Departmental Summits envisioned by Prime Minister to strengthen the spirit of Team India, deepen cooperative federalism and foster collective ownership of national priorities through closer collaboration between the Centre and the States. It brought together Ministers and senior officials from States and Union Territories for focused deliberations on various dimensions of India’s water security.

Prime Minister appreciated the intensive two-day deliberations and emphasised that the actionable and time-bound action points emerging from the Summit should be pursued through a continuous process of review and learning. He suggested that the Summit should not remain a one-time exercise and called for a continuous process of review and follow-up.

Prime Minister called for sensitising Urban Local Bodies to the challenges arising from urbanisation, including population growth and future water requirements, and suggested organising similar Chintan Shivirs for Urban Local Bodies. He called for greater adoption of water-saving technologies. He also suggested dedicated exhibitions and workshops, including exposure to global best practices, to enable Indian manufacturers and stakeholders to develop and scale efficient solutions.

Emphasising Jan Bhagidari, Prime Minister suggested promoting “Jal Utsav” to create greater awareness among people. Prime Minister called for making de-silting a regular programme and developing clear criteria and SOPs for de-silting. On dam safety, he stressed rigorous preparedness before every monsoon, adherence to prescribed precautions and creating awareness among school students, including through suitable incorporation in educational curricula.

Prime Minister further called for strengthening knowledge and capacity on water management and governance in universities and higher educational institutions. He suggested structured inter-State study-visits involving public representatives, officials and farmers to facilitate practical learning and replication of successful interventions.

Prime Minister called for robust water data governance, with water-sector data brought together, systematically managed, analysed and effectively utilised. He recommended the use of AI for data collection and analysis through a uniform format. He also stressed anticipatory and integrated planning to address water scarcity through suitable utilisation of treated water for agriculture and industrial purposes.

Drawing upon his experience as Chief Minister of Gujarat, Prime Minister noted that instances of water scarcity could be transformed into opportunities through systematic planning, commitment and deployment of adequate resources and capable officers.

Union Minister for Jal Shakti Shri C. R. Patil highlighted four key outcomes of the summit: accelerated completion of water infrastructure projects; strengthening water conservation as a sustained people’s movement; ensuring long-term sustainability of drinking-water sources; and institutionalising effective operation and maintenance of rural drinking-water schemes.