India Inc hailed the budget as growth oriented which would make the economy more competitive and transparent. Hiranandani Group's Niranjan Hiranandani welcomed the sops for affordable housing sector, saying, "The Government has provided infrastructure status to the affordable housing finally. Automobile sector:Renault India's Sumit Sawhney said budget will revive infra and rural economy. With the agenda of transform, energise and clean India, the Budget paves the way to create sustainable growth and generate employment. Expectations were based on the Government's vision of making India one of the top three pharmaceutical markets by 2020, according to experts.

Source: dna February 01, 2017 14:44 UTC