The Union Finance Minister Arun Jaitley has presented his maiden Budget Speech in Parliament on Thursday. Jaitley said the Government intends to usher in a policy regime that would bring the desired growth, lower inflation, sustained level of external sector balance and prudent policy stance.

Commenting on Budget, Navin Kumar Maini, deputy managing director, in-charge, in Small Industries Development Bank of India (SIDBI), said, ''This is a balanced Budget with a long term vision. The stage has been set with several initiatives for facilitating the business climate. It is an inclusive Budget with something for various sections of the society. The 100 billion venture fund for the MSME sector will spur growth in the the sector and the economy.''

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