Senior BJP leader Sanjay Tandon hails Union Budget 2026–27 as a visionary roadmap for inclusive Viksit Bharat

Chandigarh, February 1, 2026: Senior BJP leader Sanjay Tandon today strongly welcomed the Union Budget 2026–27 presented by Union Finance and Corporate Affairs Minister Nirmala Sitharaman, describing it as a bold, visionary and inclusive budget that lays a strong foundation for a Viksit Bharat while balancing growth, stability and social justice.

Tandon said the budget reflects Prime Minister Narendra Modi’s vision of accelerating economic growth, empowering citizens and ensuring Sabka Sath, Sabka Vikas. He noted that the clear focus on productivity, competitiveness and resilience against global uncertainties demonstrates the government’s firm commitment to long-term national interest.

“The Union Budget is inclusive and wholesome. Its  emphasis is on converting education into employment opportunities. For girls, every district will have a hostel. The Budget has given a big boost to our collective efforts to realize the goal of inclusive Viksit Bharat by 2047,” he said.

“The budget has addressed all sectors of the economy. It has given some incentives and concessions to each of them. Railway, health, education, infrastructure, cooperative, waterways and MSMEs, the Budget has something great for every sector. This Budget has further positioned India as a global magnet of the world economy,” he said.

Addressing party workers and other stakeholders at the BJP office here, after the Union Budget's presentation in the Lok Sabha, Tandon said the Union Budget 2026-27 has come at a time when the global geopolitics is undergoing a complete metamorphosis. “Still India through this Budget has shown to the world that we are continuing to have an economy with one of the strongest fundamentals in the world.”           

Praising the macroeconomic prudence of the Budget, Tandon highlighted that maintaining the fiscal deficit at 4.3 percent of GDP and reducing the debt-to-GDP ratio to 55.6 percent reflects responsible fiscal management while continuing strong public investment. The increase in capital expenditure to ₹12.2 lakh crore, along with an effective capital outlay of over ₹17 lakh crore, will significantly boost infrastructure creation, employment generation and private sector confidence.

He particularly lauded the emphasis on manufacturing through targeted interventions in strategic sectors such as biopharma, semiconductors, electronics, rare earths, chemicals, textiles and capital goods. The launch of initiatives like Biopharma SHAKTI, India Semiconductor Mission 2.0 and the expansion of electronics manufacturing will position India as a global manufacturing and innovation hub, fully aligned with the Make in India vision.

Tandon welcomed the strong push for small and medium enterprises through the ₹10,000 crore SME Growth Fund and additional support to micro enterprises. He said these measures will create “Champion SMEs”, strengthen grassroots entrepreneurship and generate large-scale employment, especially in Tier-II and Tier-III cities.

Calling infrastructure the backbone of growth, he appreciated the proposals for new Dedicated Freight Corridors, expansion of National Waterways, promotion of coastal shipping, high-speed rail corridors and urban economic regions.

Tandon also praised the people-centric initiatives, including major investments in education, healthcare, allied health professionals, medical tourism, tourism infrastructure, sports and the creative economy.

He said the Budget gives due priority to farmers, Divyangjan, mental health, Purvodaya states and the North-Eastern region. Initiatives like high-value agriculture support, Bharat-VISTAAR, Buddhist circuit development and enhanced support to states through the 16th Finance Commission will ensure balanced and regionally equitable growth.

On tax reforms, Tandon welcomed the New Income Tax Act, simplification of compliance, rationalisation of penalties, ease of living measures and strong support for the information technology sector and global investors. He said these reforms will enhance transparency, reduce litigation and improve India’s attractiveness as an investment destination.

In conclusion, Tandon said the Union Budget 2026–27 is growth-oriented, reform-driven and compassionate, providing a clear roadmap for economic strength, social inclusion and national progress, and firmly steering India towards becoming a developed nation in the coming decades.