India‘s industry Thursday commended the first budget of the Narendra Modi government as pragmatic which would lead to a quick turnaround in growth. “Through this budget the Finance Minister has set the ground for repair of the economy. There has been a mix of both short term and long term measures geared towards boosting confidence of all key constituents”, the Federation of Indian Chambers of Commerce and Industry (FICCI) president Sidharth Birla said in a statement here.