Budget 2019-20: CORPORATE LEADERS

RPG Enterprises Harsh Goenka tweeted:

A futuristic budget with a focus on One grid-One nation, EVs, clean-tech, Digital Payments, Start ups and E-assessments. FM side-stepped a typical Dhoni innings and delivered the modern stroke play of Hardik Pandya. A new India! A modern India!

Hinduja Group of Companies (India) Chairman Ashok Hinduja said:

NDA 2.0 has presented a budget that places India on a virtuous cycle of long term growth aiming to achieve the USD 5 trillion economy. Government measures to address liquidity issues in the financial sector would help boost credit growth, are timely and will spur economic activity.

Vedanta Resources Executive Chairman Anil Agarwal said:

"The progressive Union Budget sows the seeds of a USD 5 trillion economy. The budget is pragmatic, result oriented and does not go overboard with spending.

Biocon Chairman Kiran Majumdar-Shaw tweeted:

If 100% India Inc was covered under a 25% corporate tax rate, it would have boosted investor, business n market sentiments n if the 25% tax rate was contingent to investment in upgradation or expansion or diversification it would have kickstart the investment cycle. (sic)

Mahindra Group Chairman Anand Mahindra tweeted:

Tweeted earlier that I was hoping @nsitharaman ji would 'hit some boundaries.' She chose instead to take steady singles & keep the run-rate moving. Despite expectations of big moves to instantly crank-up the economy she decided to keep her eye firmly on the long term.

Diageo India MD & CEO Anand Kripalu said:

A balanced budget that draws from a long-term vision for the country! Through policy reforms to rejuvenate investment, ‘Make in India’ and Ease of Doing Business, as well as measures to tackle the country’s water shortage and climate change, the budget lives up to the government’s vision of a New India that aims at inclusive growth.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)