Palaniswami hails 'fairly balanced, farm and rural oriented Budget 2018

Lauds standard deduction of Rs 40,000, but says it falls short of people's expectations

Tamil Nadu Chief Minister K Palaniswami said that the Budget presented by Finance Minister Arun Jaitley is fairly balanced, growth-oriented, which focuses on the development of agriculture, rural development and health sector.

Palaniswami said, "The country is going through a difficult phase of economic development. It needs acceleration and stabilisation of the growth momentum. The budget should give a boost to increase investment, generate more jobs. There are many initiatives in the agricultural sector, which will benefit the farming community."