Jyotiraditya Scindia Hails Budget 2026 as 'Visionary and Strong'
India
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Moneycontrol•01-02-2026, 16:32
Jyotiraditya Scindia Hails Budget 2026 as 'Visionary and Strong'
- •Union Minister Jyotiraditya Scindia welcomed Budget 2026, calling it a "visionary budget" crafted by PM Modi, FM Sitharaman, and India's youth.
- •Scindia stated the budget will control fiscal deficit and prioritize health and infrastructure development, aiming for a developed India by 2047.
- •Key features highlighted include emphasis on the "Orange Economy," capital expenditure, Northeastern states, and rapid urbanization.
- •Scindia criticized the Congress and opposition for their negative reactions, stating they have lost public trust and engage in "anti-India rhetoric."
- •Budget 2026 proposals include tax exemptions for foreign cloud companies, increased defense modernization funds, an AI impact review committee, semiconductor incentives, and reduced customs duty on anti-cancer drugs.
Why It Matters: Jyotiraditya Scindia praised Budget 2026 as a visionary plan for India's development by 2047.
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