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News1801-02-2026, 13:30

FINER Praises Union Budget as 'Balanced, Non-Populist' Amid Global Tensions

  • The Federation of Industry and Commerce of North Eastern Region (FINER) described the Union Budget as "balanced and fiscal-disciplined," not populist.
  • FINER leaders noted the budget was drafted considering "geo-political tensions" like the Russia-Ukraine war and US tariff hikes.
  • FINER President Bajrang Lohia highlighted that the push for MSMEs and infrastructure development in tier 3 and 4 cities will benefit Assam and the North East.
  • The announcement of a Buddhist circuit is expected to boost tourism and the economy in the region.
  • Former FINER president RS Joshi emphasized that increased allocations across all sectors in the Union Budget will ultimately benefit the North East, despite no specific regional mention.

Why It Matters: FINER lauded the Union Budget as balanced and fiscally disciplined, designed to navigate global geopolitical tensions.

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