Sitharaman's Budget a blueprint for creating USD 5-trillion economy by 2025: India Inc

Finance Minister Nirmala Sitharaman's maiden Budget is "mega investment-oriented" with a blueprint to transform India's economy to reach USD 5 trillion by 2025, India Inc said Friday.

While Vedanta Resources Chairman Anil Agarwal termed it a progressive Budget, RPG Enterprises Chairman Harsh Goenka said it was a blueprint to achieve exponential growth.

Presenting the first Budget of the Modi government in its second term, she said the Indian economy, which stood at USD 1.85 trillion five years ago, has reached USD 2.7 trillion now, and is within capacity to reach USD 5 trillion in the next few years.

Agarwal said it was a progressive budget which focuses on core issues of health, sanitation, water, welfare of the people as well strengthens the foundation of New India that is prepared to ride the wave of mega technological changes.

"FM Sitharaman walked in with a red cloth bag carrying the budget vs the traditional briefcase. What came out was a new era in Indian history a union budget that didn't talk granular numbers rather laid a blueprint for exponential growth!" Goenka tweeted.

Lauding Sitharaman, Biocon Chairman Kiran Majumdar-Shaw tweeted, "As a business woman I can't help but burst with pride to see a woman FM deliver such a confidence boosting budget 2019."