Union Minister for Consumer Affairs, Food, and Public Distribution, and Energy, Pralhad Joshi, has lauded the Union Budget 2026-27 as a transformative document for India’s future. Terming it the "Blueprint for Viksit Bharat," the Minister emphasized that the budget lays a solid foundation for industrial growth, rural empowerment, and sustainable energy.

A Vision for 2047: ‘Growth-Centric and Inclusive’

Minister Joshi stated that the budget, presented by Finance Minister Nirmala Sitharaman, is meticulously designed to realize Prime Minister Narendra Modi's vision of a developed India by 2047.

Core Pillars: The Minister highlighted that the budget focuses on strengthening domestic manufacturing, rural development, and the philosophy of 'Gram Swaraj' championed by Mahatma Gandhi.

Inclusivity: He noted that the budget introduces "people-centric" schemes that create vast opportunities for entrepreneurs, youth, and specially-abled citizens (Divyangjan), reinforcing the spirit of Atmanirbhar Bharat (Self-Reliant India). Why the Constitution Matters: Selected Speeches Hardcover – 22 September 2025

Karnataka’s Fiscal Boost: Tax Share Surges to 4.13%

Addressing the ongoing political debate over Karnataka's financial share, Minister Joshi dismissed the allegations made by state Congress leaders as "baseless."

The New Formula: Following the 16th Finance Commission recommendations, Karnataka’s tax devolution share has been increased from 3.64% to 4.13%.

Financial Impact: This adjustment ensures that Karnataka will receive ₹63,049.58 crore in the 2026-27 fiscal year an increase of over ₹11,000 crore compared to the previous year’s allocation of ₹51,876 crore.

The Rebuttal: "The Union Government has significantly enhanced the state’s share. Any claims of 'step-motherly' treatment are factually incorrect and politically motivated," the Minister asserted.

Clean Energy & Farmers: The Green Revolution 2.0

As the Union Energy Minister, Joshi highlighted the massive outlays for renewable energy, aimed at making Indian farmers energy-independent.

Minister Joshi concluded that Budget 2026 is not just a financial statement but a "roadmap for a technologically advanced and self-reliant nation." By balancing high-tech investments with rural welfare, the government is ensuring that "Green Energy" and "Viksit Bharat" initiatives reach every corner of the country. Also Read: Bengaluru’s Migrant Exodus: How the Voter Roll ‘Purge’ Could Flip the GBA Election Results!?