India's Fiscal Blueprint: PM Modi Unveils Transformative Budget to Accelerate National Self-Reliance
Prime Minister Narendra Modi has characterized the latest national budget as a historic document that aligns with the aspirations of India's 1.4 billion citizens, positioning it as a strategic catalyst for economic transformation. The budget outlines an ambitious roadmap designed to inject new momentum into two cornerstone initiatives: 'Make in India' and 'Aatmanirbhar Bharat' (Self-Reliant India). This fiscal plan is not merely an annual accounting exercise but a calculated policy instrument aimed at reshaping the nation's industrial and economic landscape. By prioritizing domestic manufacturing and reducing import dependency, the government signals a decisive shift toward long-term strategic autonomy. The emphasis on these initiatives suggests a multi-pronged approach to stimulate job creation, enhance global competitiveness, and fortify supply chain resilience. Analysts will scrutinize the specific allocations and policy mechanisms underpinning this vision, assessing their potential to translate political rhetoric into tangible economic outcomes. The budget's framing as a reflection of collective national ambition underscores its intended role as a unifying economic manifesto, with implications for both domestic stakeholders and India's positioning within the global economic order.