**Executive Summary**
This document is a press release from the Prime Minister's Office regarding Shri Narendra Modi's remarks at the beginning of the Budget Session of 2026, delivered on January 29, 2026. It highlights the President's address, the India-EU Free Trade Agreement, and the government's commitment to reform and national progress. A key focus is the aim of achieving a developed India by 2047.
**Key Points / Main Content**
* **President's Address:**
* Reflects the confidence and aspirations of 140 crore Indians.
* Serves as guiding points for Members of Parliament (MPs) at the start of the session and year.
* **Budget Session 2026 Significance:**
* Marks the completion of the first quarter of the 21st century and the start of the second quarter.
* The presented budget is the first of the second quarter of the century.
* Nirmala Sitharaman is presenting the budget for the ninth consecutive time.
* **India-EU Free Trade Agreement:**
* Presents vast opportunities for youth, farmers, fishermen, and manufacturers.
* Provides Indian goods access to a vast market at lower costs, focusing on quality.
* Aims to establish new prestige for companies' brands aligned with the nation's brand.
* **Government's Philosophy:**
* Believes in Reform, Perform, Transform.
* The nation is moving rapidly on the Reform Express.
* Decisions aim for long-term solutions and global trust, with a human-centric approach.
* Balances technology with sensitivity, focusing on last-mile delivery.
* **India's Role:**
* India's democracy and demography are a beacon of hope for the world.
* Offers a message of strength, commitment to democracy, and respect for democratic decisions.
* Focus is on solutions and resolution, not disruption or obstacles.
**Impact Analysis**
**Stakeholder: Members of Parliament (MPs)**
* **Impact:** The President's address and the Prime Minister's remarks set the tone and priorities for the Budget Session, making it a significant session.
* **Action Required:** Take the President's expectations seriously, contribute positive energy to the reform journey, accelerate the era of solutions, and advance last-mile delivery.
**Stakeholder: Indian Youth, Farmers, Fishermen, and Manufacturers**
* **Impact:** The India-EU Free Trade Agreement opens up vast opportunities for growth, global exposure, and increased capacities.
* **Action Required:** Manufacturers should focus on the quality of their goods for the India-EU Free Trade Agreement.
**Stakeholder: Indian Citizens**
* **Impact:** The President's address reflects their confidence and aspirations. Government initiatives aim to accelerate national progress and ensure schemes reach them.
* **Action Required:** None explicitly mentioned.
Key Entities Referenced
Narendra Modi: Prime Minister of India
Budget Session of Parliament: Parliamentary session focused on the annual budget
India-EU Free Trade Agreement: Trade agreement between India and the European Union.
Prime Minister's Office
Prime Minister Shri Narendra Modi's remarks at
beginning of the Budget Session of 2026
The President’s Address Reflects Confidence and Aspirations
of 140 crore Indians: PM
India-EU Free Trade Agreement Opens Vast Opportunities for
Youth, Farmers, and Manufacturers: PM
Our Government believes in Reform, Perform, Transform;
Nation is moving Rapidly on Reform Express: PM
India’s Democracy and Demography are a Beacon of Hope
for the World: PM
The time is for Solutions, Empowering Decisions and
Accelerating Reforms: PM
प्रव तथ: 29 JAN 2026 11:52AM by PIB Delhi
The Prime Minister Shri Narendra Modi addressed the media before the start of the Budget Session of
2026 at the Parliament premises today. The Prime Minister remarked that the President’s address was an
expression of the confidence of 140 crore citizens, an account of their hard work, and a precise reflection
of the aspirations of the youth. He highlighted that the President placed before all Members of Parliament
several guiding points at the very beginning of the session and of the year 2026. Shri Modi stated that the
expectations expressed by the President in simple words, as the Head of State, would certainly have been
taken seriously by all MPs, making this session a very important one. He emphasized that this is the
Budget Session, marking the completion of the first quarter of the 21st century and the beginning of the
second quarter. He underlined that the next 25 years are crucial to achieving the goal of a developed India
by 2047, and this budget is the first of the second quarter of the century. The Prime Minister noted that
Finance Minister Nirmala Sitharaman, the country’s first woman Finance Minister, is presenting the
budget for the ninth consecutive time in Parliament, registering a proud moment in India’s parliamentary
history.
Highlighting that the year has begun on a very positive note, with a confident India emerging as a ray of
hope and a center of attraction for the world, Shri Modi remarked that the Free Trade Agreement between
India and the European Union at the start of this quarter reflects the bright future of India’s youth and the
promising directions ahead. He emphasized that this agreement is free trade for an ambitious India, for
aspirational youth, and for an Atmanirbhar Bharat. The Prime Minister expressed firm belief that India’smanufacturers will seize this opportunity to enhance their capacities. He urged all producers that with
what is called the “Mother of All Deals” between India and the European Union, a vast market has now
opened, and Indian goods will reach there at lower costs. He cautioned that industry leaders and
manufacturers should not remain complacent, but instead focus on quality. He stressed that entering this
open market with the best quality products will not only earn profits from buyers across 27 EU countries
but also win their hearts, creating long-lasting impact for decades. He noted that companies’ brands,
aligned with the nation’s brand, will establish new prestige. Shri Modi underlined that this agreement with
27 countries brings immense opportunities for India’s fishermen, farmers, youth, and those in the services
sector eager to explore global avenues. He expressed confidence that this marks a significant step towards
a confident, competitive, and productive India.
The Prime Minister remarked that while national attention naturally turns towards the Budget, the identity
of this government has been Reform, Perform, and Transform. He highlighted that the nation is now
moving rapidly on the Reform Express, and expressed gratitude to all Members of Parliament for
contributing their positive energy to accelerate this reform journey. He stated that the country is moving
away from long-term pending problems towards long-term solutions, which create predictability and build
global trust. Shri Modi emphasized that every decision aimed at national progress remains human-centric.
He underlined that while India will compete with technology, absorb it, and accept its power, the
government will never compromise on human-centric systems, advancing with a vision that balances
technology with sensitivity. He noted that even critics acknowledge the government’s focus on last-mile
delivery, ensuring schemes reach lives and not just files. He stressed that this tradition will continue with
next-generation reforms on the Reform Express. The Prime Minister highlighted that India’s democracy
and demography are today a great hope for the world, and in this temple of democracy, India has the
opportunity to send a message of strength, commitment to democracy, and respect for decisions taken
through democratic processes—messages welcomed and accepted globally. Shri Modi asserted that the
present time is not for disruption but for solutions, not for obstacles but for resolution. He called upon all
Members of Parliament to join in accelerating the era of solutions, empowering decisions, and advancing
last-mile delivery successfully. He concluded by extending his heartfelt thanks and best wishes to all.
Speaking at the start of the Budget Session of Parliament. May both Houses
witness meaningful discussions on empowering citizens and accelerating India’s
development journey. https://t.co/tGqFvc4gup
— Narendra Modi (@narendramodi) January 29, 2026LLIIVVEE :: PPMM MMooddii''ss rreemmaarrkkss aatt bbeeggiinnnniinngg ooff tthhee BBuuddggeett SSeessssiioonn oo……
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MJPS/SR
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