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Budget 2016: Disappointment abounds, industry mourns silently

With a Budget largely focused on rural sector, India Inc feels left out

Business leaders listen to Finance Minister Arun Jaitley presenting the Union Budget in Parliament, at a Budget Viewing session 2016-17 at FICCI in New Delhi
Business leaders listen to Finance Minister Arun Jaitley presenting the Union Budget in Parliament, at a Budget Viewing session 2016-17 at FICCI in New Delhi

The Budget got over. Out of more than 40 major industrialists attending the budget viewing session organised by Confederation of Indian Industry (CII), only three clapped in appreciation. The rest silently got up and went out of the room. This incident explains the mood of the industry which was expecting much more from the finance minister, but ended up gritting its teeth and leaving with a sigh. Read our full coverage on Union Budget 2016 At the Central Delhi hotel where CII’s viewing session was arranged, most of the industrialists entered into the tiny hall (where the screen ...