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  2009-02-17 15:18:38
  Well-balanced Budget: Jignesh Shah
Commodity Online
MUMBAI: Commenting on the Interim Budget, Jignesh Shah, Chairman and Group CEO, Financial Technologies Group said on Tuesday that the budget is well balanced and provided the markets with the much needed directional approach in terms of accelerating the pace of policy reforms especially for the financial sector and making our economic regulatory and oversight system more efficient to bring back GDP growth in the 9% plus trajectory.

"Credit needs to be given to the government to present a budget which captured the true essence of challenging time economies are passing through," Shah said in a statement.

He said given the limited scope of the Interim Budget, the Finance Minister "created the space for the much needed additional investments in infrastructure, rural and the social sectors which I am sure will bring back the sustainable and inclusive growth across the economy through a catalytic effect."
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