Reacting to the Budget presented by Jailtey, Indian Chamber Of Commerce said in a statement: “ The announcement of setting up National Investment & Infrastructure Fund in which Central Govt will allocate Rs 20,000 crore each year for industry usage – this will boost confidence of private infrastructure companies and help to boost much needed investment in infrastructure.”
“The Budget needs also to be commended for taking a holistic approach of development, and has announced transferring of as much as 62% of the total recipts to the States which is unprecedented.