Dehradun: Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday hailed the Union Budget 2026, claiming that it will boost India’s status as an emerging economic giant. The budget, Pushkar Singh Dhami was designed with care for the individual circumstances of every state, and it reflects India’s journey from reform to performance.
Pushkar Singh Dhami also congratulated Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman, saying the budget will fulfil the ambitions and desires of the people of the entire country. It is a budget that promotes the idea of ”local to global” and is a welfare-oriented budget, he noted. “This budget, under the leadership of Prime Minister Narendra Modi, is one that fulfils the aspirations and expectations of the people of India and is a budget that will help realise the vision of a developed India,” he said. “It is a budget that further solidifies India’s status as a developing economic superpower, which has already become the world’s fourth-largest economy. It is a budget that supports the principle of ’local to global’ and is a welfare-oriented budget. Every segment of society has been given opportunities for improvement,” he continued.
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Sitharaman delivers Rs 53.47 lakh crore Union Budget 2026
Earlier in the day, Sitharaman submitted a Rs 53.47 lakh billion budget for the financial year (FY) 2026-27, a rise of 7.7 per cent over the current fiscal. While delivering the budget in the Lok Sabha, the federal finance minister stated the government will fulfill the fiscal deficit target of 4.4 per cent of Gross Domestic Product (GDP) for the current fiscal.
आदरणीय प्रधानमंत्री श्री @narendramodi जी के दूरदर्शी नेतृत्व में माननीय केंद्रीय वित्त मंत्री श्रीमती @nsitharaman जी द्वारा प्रस्तुत किया गया केंद्रीय बजट 2026–27 विकसित भारत के संकल्प को साकार करने की दिशा में एक सशक्त कदम है।
लोकल से ग्लोबल की सोच को आगे बढ़ाते हुए यह बजट… pic.twitter.com/B23yHbfUuU
— Pushkar Singh Dhami (@pushkardhami) February 1, 2026
She stated that the GDP for FY 2026-27 is estimated at Rs 3,93,00,393 crore, which is 10 per cent more than the Advance Estimates for FY 2025-26 of Rs 3,57,13, 886 crore. Similarly, the debt-to-GDP ratio is anticipated to be 55.6 per cent of GDP, Sitharaman observed. “To finance the fiscal deficit, the net market borrowings from dated securities are expected at Rs 11.7 lakh crore. The remainder financing is projected to come from small savings and other sources. The gross market borrowings are expected at Rs 17.2 lakh crore,” Sitharaman added.