Finance Minister also announced the setting up of an Indian Institute of Technology in Jammu
The government is in the process of borrowing Rs 3.68 lakh crore in the first half of this fiscal
FIEO said that the increase in the duty free entitlements and exemption from basic customs duty will benefit both the sectors
Tamil Nadu CM says Budget is forward looking and will lead to economic revival
It welcomed the budget saying it will get capital investment into agriculture
Home Minister Rajnath Singh rejected charge by Congress leaders that the Budget was 'over ambitious'
ICICI Bank, HDFC, L&T among cos to benefit; budget negative for ITC, Titan
It acknowledged the importance of tourism as a major job creator
The important proposals are according of pass-through status, relaxation in FDI norms, raising the tax-exemption limit on housing loans
They said that the Budget adopted the motto of development of the entire country
It is an increase of approximately 17% over 2013-14
She pointed that there is 4 lakh crore that is locked in tax litigations
Measures announced in the Budget would instill confidence among investors
But provided sops to small and marginal assessees by raising the threshold exemption limit from Rs 2 lakh to Rs 2.5 lakh
He added there are growing concerns about the imbalance in the utilisation of different types of fertilisers resulting in deterioration of the soil
He said that the budget had nothing for backward states like Bihar to cheer 'acche din'
Has more cautious projection on divestment proceeds than the budget
Govt aims to construct high capacity plants in the radiation rich states of Rajasthan, Gujarat, T.N, and Ladakh in J&K
Adds the target could be difficult to achieve
The target includes Rs 43,425 crore from selling stake in PSUs and another Rs 15,000 crore from sale of residual stake