Budget presented with a positive outlook : Piruz Khambatta

In an interview with Livemint, Piruz Khambatta, Chairman CII (Western Region) and Chairman & Managing Director, Rasna says that the interim budget has been presented with a positive outlook. The Budget announcements have largely taken care of the agriculture sector, middle income class and unorganized sector. The additional income for this population will lead to enhanced spending and higher economic growth. Fiscal deficit of 3.3% forecasted for 2018-19 has been revised upwards by 10 basis points.