# Ahead of Budget, PM Modi calls for deeper reforms for higher growth
"As India prepares for its upcoming national budget, Prime Minister Narendra Modi has emphasized the need for deeper structural reforms to achieve sustainable and higher economic growth. In a statement released ahead of the budget, PM Modi underscored the importance of taking bold steps to enhance India's growth trajectory, calling for comprehensive measures that will strengthen key sectors and foster a conducive environment for investment.
The Prime Minister noted that India’s economic growth rate has shown resilience despite global challenges, and the nation must now focus on expanding its economic base by transforming critical sectors such as manufacturing, infrastructure, agriculture, and digital technologies. He urged the government to prioritize reforms that will improve ease of doing business, simplify regulatory frameworks, and boost productivity in various industries.
PM Modi also called for greater support for sectors that have a direct impact on job creation and income generation. He highlighted the need to promote innovation, entrepreneurship, and technology adoption, which are vital for the nation’s long-term growth. According to Modi, the focus should be on creating a future-ready economy that is adaptable to changes in the global market.
In addition, the Prime Minister stressed the need for an inclusive growth model that benefits all sections of society, particularly the marginalized and rural populations. Ensuring better access to education, healthcare, and financial services will be crucial for achieving balanced development across regions.
As the budgetary process unfolds, the PM's call for deeper reforms aligns with India's vision to become a $5 trillion economy by the mid-2020s. The upcoming budget is expected to address several key areas, including tax reforms, fiscal management, and measures to boost foreign direct investment (FDI). Modi’s message signals that the government is committed to pushing forward with reforms to ensure a robust, high-growth economy in the years ahead.
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