India, Feb. 2 -- This was a budget of a mature economy, for an economically stable country, and by a government that is confidently looking beyond today. Union Budget 2026-27 signals a shift from crisis management to long-term nation-building, aligning with Prime Minister (PM) Narendra Modi's vision of a developed India by 2047. Rather than announcing flashy giveaways, the government has focused on strengthening core systems: Health care, education, manufacturing, infrastructure and now explicitly, energy security and cutting-edge technologies, including AI. It leaps to the eye that the Modi government is preparing India for sustained growth, for a march towards becoming a developed economy.

Infrastructure spending remains the backbone o...