Piyush Goyal invokes 'josh' in Budget speech, Mahindra & Goenka give a thumbs-up
In his debut Budget speech, Goyal won hearts of the middle class.

And among those who raved about Goyal - who was appointed Interim Finance Minister a fortnight ago following Arun Jaitley being indisposed - was Anand Mahindra, Chairman of the Mahindra Group, and Harsh Goenka, Chairman of the RPG Group. Both had a word, rather tweet(s) of appreciation for what was Goyal's debut Budget speech.
In his first tweet, Mahindra appreciated the FM's 'josh', followed by another post on his reactions about the much-awaited Budget.
Before any discussion on the numbers around the budget, it’s clear that if anyone were to ask ‘How high was Piyush… https://t.co/znV8i8vWLj
— anand mahindra (@anandmahindra) 1549006006000Amidst ‘election panic', the Mumbai-based businessman was concerned about a populist, profligate budget. He further expressed happiness that the reliefs to the key middle class & farmer segments were balanced without risking bankruptcy of the economy.
I was bracing for a populist,profligate budget driven by ‘election panic.’ I’m just grateful that the reliefs to t… https://t.co/6eEsqetFxo
— anand mahindra (@anandmahindra) 1549009953000Gautam Adani, Chairman and founder of the Adani Group, lauded the budget, saying it 'infuses hopes for millions of dreams' by catering to middle class, small traders and farmers.
India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambi… https://t.co/Tg9gAr26Rt
— Gautam Adani (@gautam_adani) 1549012517000Goenka, the fifth generation entrepreneur of the RPG Group, also took to Twitter to share his views about this year's Budget. In his tweets, the 61-year-old tycoon said that the Confederation of Indian Industry, Federation of Indian Chambers of Commerce & Industry, and businessmen will welcome this Budget as a boost to the economy.
#Budget reactions: BJP - pro-poor, pro-farmers with pathbreaking reforms benefiting entire society Opposition - ant… https://t.co/b4J4H2iJMS
— Harsh Goenka (@hvgoenka) 1549004970000The euphoria for the middle-class over the income-tax exemption for people earning up to Rs 5 lakh was short-lived, or so it seems. Lavanya Mohan, Head of Small Medium Business Initiatives at Mad Street Den which is a computer vision and artificial intelligence start-up, took to Twitter to clarify the catch that most had missed the minute detail of Rs 2.5 lakh slab.
Exemption limit has been raised but the slab remains the same. If you earn more than 5 Lakhs (net), YOUR exemption… https://t.co/rneN2wwhfH
— Lavanya Mohan (@lavsmohan) 1549007728000Ok, so tax slabs are the same. Section 87A has raised rebate from Rs2500 to Rs12500, which takes care of any income… https://t.co/bfCwRchqEI
— Anupam Gupta (@b50) 1549006934000If all Budgets are as good as this Interim Budget, Nifty will be 20K by 2024.
— Anupam Gupta (@b50) 1549005072000Fair to assume that middle class definition is those with annual income of around Rs7L. I think that's very reasonable.
— Anupam Gupta (@b50) 1549009720000Calling it a budget straight from the heart, Ashoke Pandit, co-producer of 'The Accidental Prime Minister', applauded the government's initiative of single window clearance for film shootings, and its commitment to fight piracy.
I applaud the @narendramodi govt. for the single window clearance for shootings & it’s commitment to fight piracy w… https://t.co/C8w8oHkmp1
— Ashoke Pandit (@ashokepandit) 1549003078000A budget straight from the heart. Tax relief for the middle class, direct transfer to farmers, defence budget up at… https://t.co/I0KIKBeMld
— Ashoke Pandit (@ashokepandit) 1549007546000Padma Bhushan awardee, Vedic teacher and author Dr David Frawley also appreciated the Modi government for original thinking and innovative programmes in this year's budget.
#Budget2019 of @narendramodi government shows original thinking, innovative programs, concern for welfare of entire… https://t.co/t5UuEonpNv
— Dr David Frawley (@davidfrawleyved) 1549002634000The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.