Industry leaders hail Budget

Industry leaders in Bengal have praised the Budget. Mahesh Agarwal, Managing Director, Purti Realty said the Budget is encouraging for the real estate sector, especially for affordable housing.

Industry leaders hail Budget

File Photo: IANS

Industry leaders in Bengal have praised the Budget. Mahesh Agarwal, Managing Director, Purti Realty said the Budget is encouraging for the real estate sector, especially for affordable housing. “The government’s focus on building better infrastructure and more homes will help meet the growing demand for housing in cities. Steps like using Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InVITs) will help unlock funds from existing assets and support new housing projects.”

Vineet Mittal, Chairman, Avaada Group said the Budget strikes balance between ambition, growth and discipline. “With sustained public capex of Rs 12.2 lakh crore, a clear fiscal consolidation path, and reforms like the Infrastructure Risk Guarantee Fund, it focuses on building long-term productive capacity rather than short-term stimulus.”

Advertisement

CS (Dr.) Adv. Mamta Binani, President of MSME Development Forum, WB, said, “The announcement of a dedicated Rs 10,000 crore MSME Growth Fund in Budget 2026 is a monumental stride towards strengthening India’s micro, small and medium enterprises at a pivotal moment for the economy.”

Advertisement

Advertisement