Indian Prime Minister Narendra Modi focuses on domestic reforms in upcoming budget to drive growth

The Indian government is centering the 2026-27 budget on domestic policy reforms to sustain growth. Prime Minister Narendra Modi aims to shield the nation.

Insights:
The Indian ININgovernment is prioritizing domestic policy reforms in its upcoming fiscal blueprint to sustain economic expansion and protect against external shocks. Prime Minister Narendra Modi narendra modiis steering the 2026-27 budget toward structural changes designed to maintain India'smomentum amid a volatile global environment. This strategic focus arrives as Finance Minister Nirmala Sitharaman nirmala sitharamanprepares to present the national budget on February 1 at 0530 GMT, facing the task of balancing fiscal responsibility with the need for fresh investment.
Indian Prime Minister Narendra Modi speaks during a joint press statement with European Council President Antonio Costa (not pictured) and European Commission President Ursula von der Leyen (not pictured) at the Hyderabad House in New Delhi, India, January 27, 2026. REUTERS/Altaf Hussain
Indian Prime Minister Narendra Modi speaks during a joint press statement with European Council President Antonio Costa (not pictured) and European Commission President Ursula von der Leyen (not pictured) at the Hyderabad House in New Delhi, India, January 27, 2026. REUTERS/Altaf Hussain
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