Union Budget 2017: Why Arun Jaitley failed to impress apex industry body

It seems the Union Budget 2017 has failed to meet expectations of the industry sector.

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New Delhi, Feb 1: It is a mixed verdict for the Union Budget 2017. As soon as Finance Minister Arun Jaitley finished the presentation of the budget in Parliament on Wednesday, reactions poured in from all quarters.

It seems the Associated Chambers of Commerce and Industry of India--country's apex industry body--is unhappy with the budget.

Arun Jaitley

"Consider it as a mixed budget. The industry sector hoped a lot more from the budget by promotion of investment, but I think FM Jaitley did whatever was possible," DS Rawat, general secretary, ASSOCHAM, told ANI.

While Jaitley's party colleagues showered praises on the FM for his acumen to present the 'best' budget, the opposition was quick to slam the budget for failing to meet everyone's expectations.

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