Finance Minister Nirmala Sitharaman has presented a bold budget which will boost consumption, particularly by the middle class.
'The finance minister has placed her confidence in the middle class for leading the consumption-led growth. At the same time, there is a clear focus on unleashing the potential of the MSMEs, Startups and exports," Assocham President Sanjay Nayar said on the the Union Budget for 2025-26.
Union Finance Minister Nirmala Sitharaman tabled the Union Budget in the Lok Sabha on Saturday.
It is a 'bold' budget to boost consumption particularly from the vibrant middle-class families, Nayar said.
He said pick up in consumption demand would, in turn, encourage investment as well in the medium term while several employment-oriented sectors such as tourism, textile, handicrafts, footwear and toys have been given an immediate impetus for take-off.
Ajay Singh, the Past President of Assocham said the Budget is "middle class-friendly" and will boost public spending settin