Budget 2026: 'Reform, perform, and transform have become the hallmarks of this government,' PM Modi said ahead of the Economic Survey.

Posted on 29th Jan 2026 by rohit kumar

Prime Minister Modi, in his address before the Economic Survey, said that it is natural for the country's attention to be focused on the Union Budget at this time, as the budget determines the country's economic direction and development priorities. However, the government's identity has not been limited to the budget alone. In recent years, the government has given new momentum to the country's development through the policy of 'Reform, Perform, and Transform'.

 

 

What did the PM say about the Reform Express?

The Prime Minister said that India is now rapidly moving forward on the 'Reform Express' of reforms. This journey of reforms is not limited to the government alone, but is continuously gaining strength with the positive cooperation of all members of Parliament. Expressing his gratitude to all his colleagues in Parliament, he said that due to their cooperation and positive energy, this 'Reform Express' of reforms is continuously gaining momentum. The country is now moving beyond the confines of long-standing problems towards permanent and far-reaching solutions.

 

 

India-EU FTA described as a step towards self-reliance

Prime Minister Modi described the Free Trade Agreement (FTA) between India and the European Union (EU) as a major step towards a self-reliant and competitive India. He said that this agreement is a sign of a bright future for the country and new opportunities for Indian youth.

 

 

PM Modi said that he is fully confident that this agreement is a major step towards a confident, competitive, and productive India. He stated that the current quarter has started on a very positive note and today, a confident India has emerged as a ray of hope for the world.

 

 

The Prime Minister said that the free trade agreement between India and the European Union reflects the bright direction of the future and the future of Indian youth. He termed it "free trade for an ambitious India, free trade for aspiring youth, and free trade for a self-reliant India." PM Modi expressed confidence that Indian manufacturers, in particular, will utilize this opportunity to enhance their capabilities.

 

 

The first quarter of the 21st century is complete - PM

PM Modi also spoke about the long-term goals of the country's development. He said that the first quarter of the 21st century is complete and now the next phase is beginning. The next 25 years will be crucial in achieving the goal of a developed India by 2047. He said that the first budget of this new phase will soon be presented in Parliament.

 

 

Finance Minister Nirmala Sitharaman to present the budget for the ninth time

Referring to the role of Finance Minister Nirmala Sitharaman, the Prime Minister said that she is the first woman Finance Minister of the country who is going to present the budget in Parliament for the ninth consecutive time. He described it as a glorious moment in parliamentary history.

 

 

In addition, PM Modi also mentioned the President's address. He said that the President's address is an expression of the faith, capabilities, and aspirations of 140 crore Indians, especially the hopes of the youth. PM Modi expressed confidence that all Members of Parliament will take the message given by the President to the members of Parliament seriously.