Lord Paul describes General Budget as growth-oriented

NRI industrialist Lord Swraj Paul today described General Budget for 2017-18 as "growth oriented".

Commenting on the budget presented by Finance Minister Arun Jaitley in Parliament today, Lord Paul, Chairman of the Caparo Group of Industries, said "Congratulations to Jaitley. It is a very good budget and it is growth-oriented".

"The budget looks after a lot of people who are struggling.Government's recentdecision to demonetise and follow up measures taken in the budget have helped to create an atmosphere which will help reduce corruption. It is a good thing,".

He also welcomed the decision to abolish the Foreign Investment Promotion Board saying it will help "ease of doing business with India".