UNION BUDGET REACTIONS

BUDGET TALKING HEADS "The Budget has hit the perfect note, providing great relief to the middle-class by making incomes up to Rs 12 lakh per annum completely tax-free...We have made a decisive move to a world-class tax system that will be simple, transparent, and friendly to taxpayers."

Vedanta Group Chairman Anil Agarwal "The theme of "Make in India for the world" remains a key focus in this budget, with efforts to reduce India's manufacturing costs poised to significantly enhance the country's global competitiveness. In addition to providing an immediate stimulus for demand and growth, the budget emphasizes long-term growth through substantial infrastructure investments and a strong focus on innovation."

Mahindra Group Group CEO & MD, Anish Shah "The boost to MSMEs, by increasing investment and turnover limits and expanding credit guarantees, is a very important step towards increasing the contribution of the manufacturing sector in our economy."

JSW Group Chairman and Managing Director, Sajjan Jindal "The Union Budget 2025 fuels India's growth engines with a bold push for manufacturing, green mobility, and rural empowerment'”driving innovation, job creation, and global leadership...It's not just a financial plan, but a transformative blueprint for national progress and the empowerment of every citizen."

Hero MotoCorp Executive Chairman Pawan Munjal "Budget 2025 was nothing short of a financial Maha Kumbh Mela '“ it was a 'sangam' of immediate and long term priorities, a 'dip' in taxes, an honest attempt to cleanse the 'paaps' (complexities) built up over the years. FM Sitharaman has further solidified the hope of 'moksha' (Viksit Bharat) among the seekers (all of us)."

RPG Enterprises Chairman Harsh Goenka "The Union Budget 2025-26 provides a strong and convincing template for boosting growth and generating jobs, the twin imperatives for our economy today, with targeted interventions towards facilitating inclusive development."

CII President, Sanjiv Puri "The budget proposals will re-energise the economy by lifting the sentiments of the middle class and nudging the private sector to advance its investment plans as demand improves across sectors."