INSUBCONTINENT EXCLUSIVE:
slew of sops for the middle class, farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc
said.Industry leaders including Gautam Adani, Anand Mahindra, ITC Managing Director Sanjiv Puri and Walmart India CEO Krish Iyer felt issues
relating to farmers, unorganised sector workers and middle class were addressed in the Budget without ''risking bankruptcy of the
economy''."India's middle class, small traders and farmers are the lifelines of its economic growth
By catering to these ambitions #Budget2019 infuses hopes for millions of dreams," Adani Group Chairman and Founder Gautam Adani
tweeted.Expressing similar views, Mahindra Group Chairman Anand Mahindra said in a tweet, "I was bracing for a populist, profligate budget
driven by ''election panic.'' I''m just grateful that the reliefs to the key middle class farmer segments were delivered in a measured way
without risking bankruptcy of the economy
middle class and unorganised sector workers, it aims to stabilise incomes and reduce risks for vulnerable people," he added.Walmart India
President and CEO Krish Iyer also said the Budget rightly focused on the middle class, rural sector and on enhancing farmers'
providing a growth impetus through a boost in consumption as well as an inclusive framework designed to benefit agri and rural communities,
Kisan Yojna, the Direct Benefit Transfers to small holder farmers
Though a lot more can be done but nevertheless a good move that will help farmers align better with market," he added.Terming the budget as
a forward-looking one, Sunil D'Souza, managing director, Whirlpool India said it is expected to increase liquidity in the hands of the
demand in our sector," he added.Bombardier Transportation India Managing Director Sudhir Rao stated that the Budget highlights the outlaying
of investment opportunities, improvement of operating ratio and introduction of new semi-high-speed trains elicits the vision to transform
"What is laudable is that higher sops and outlays were provided without additional levies on corporate and high income earners, and without
any significant breach on the fiscal front".Find LIVE Budget 2019, updates, latest news, videos, key highlights, reactions, tax and policy
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