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MoneyWireFICCI President Goenka on Union Budget
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FICCI President Goenka on Union Budget

This story was originally published at 14:39 IST on 1 February 2026
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Informist, Sunday, Feb. 1, 2026

 

NEW DELHI - Anant Goenka, president, Federation of Indian Chambers of Commerce & Industry and vice chairman of RPG Group, said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:

 

Budget reflects continuity and stability. Data centres are one of the areas, announcements on which excited the industry body. The measures will bring in foreign inflows and generate employment as data centres include large investments.  

 

A high-level committee on banking will also hopefully reduce regulatory stresses that are there today and make life ready for future banking moves. The government meeting its fiscal deficit target of 4.4% of GDP gives the industry body confidence that whatever is being committed now will also be met going forward, Goenka said.  End

 

As told to Shakshi Jain
Filed by Avishek Dutta

 

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