The Confederation of All India Traders (CAIT) expressed its approval of the Union Budget 2026–27, hailing it as inclusive and growth-oriented. CAIT Secretary General and BJP MP Praveen Khandelwal praised the budget’s focus on trade, industry, exports, and ease of doing business. He emphasized the budget’s alignment with Prime Minister Narendra Modi’s vision of ‘Viksit Bharat 2047’.
Khandelwal highlighted various measures in the budget benefiting trade and industry, including the removal of customs duties on certain items. Noteworthy boosts were seen in the pharma sector and initiatives aimed at enhancing ease of doing business and living standards for citizens. The budget also prioritized strengthening the electronics sector through the semiconductor mission and addressing policies related to rare earth minerals.
The CAIT Secretary General commended PM Modi’s leadership for India’s steady progress amidst global economic challenges. He pointed out the budget’s emphasis on reducing logistics costs and supporting sectors like waterways and railways. Khandelwal also lauded provisions such as setting up content creator labs to foster employment in emerging fields.
According to Khandelwal, the budget’s provisions support Prime Minister Modi’s ‘Swadeshi Abhiyan’, promoting Indian production and exports. He described the budget as ‘samaveshi’ (inclusive), catering to all sectors shaping the economy. The focus on empowering various sections of society alongside economic growth was highlighted as a distinguishing feature of this budget.
