Bhubaneswar: The Confederation of Indian Industry (CII) Odisha State Council welcomed the Union Budget 2025-26, lauding its robust emphasis on reforms, economic growth, employment generation, and support for startups and MSMEs.
During the live viewing session of the Union Budget 2025-26 organised by CII in Bhubaneswar, industry leaders and experts highlighted key aspects of the budget, characterising it as progressive and growth-oriented.
Pradipta Mohanty, chairman, CII Odisha State Council, lauded the budget for its inclusive approach, focusing on the welfare of all sections of society, including the poor, youth, farmers, and women. “The budget prioritises five domains: taxation, urban development, mining, financial sector, and power and regulatory reforms along with major growth sectors agriculture, investment, MSMEs, and exports — while also offering substantial tax relief,” he said.
Sashi Sekhar Mohanty of CII Odisha State Council characterised the Modi 3.0 budget as transformative and employment-centric. He underscored the govt’s substantial capital expenditure of over Rs 10.5 lakh crore in infrastructure, as well as vital reforms in MSME and startup sectors. “These initiatives will stimulate industrial investment and expedite India’s economic development,” he said.
Sanjay Pattanaik, former chairman, CII Odisha State Council, shared his perspectives on economic empowerment, asserting that a nation’s advancement is propelled by ease of doing business, access to critical minerals, and a robust middle class. “Governance fostering opportunities, enhanced connectivity, and financial reforms are fundamental drivers of prosperity,” he said.
Swayam Prakash Baral, member, CII National Council, highlighted the pivotal role of MSMEs and startups in steering India’s economic trajectory. “Expanding their reach, fostering innovation, and increasing financial support not only catalyse economic growth but also generate employment and entrepreneurship, positioning India on the path to becoming a 5 trillion dollar economy,” he said.