IIF, Delhi: 29th Feb. 2008; Prof. J.D. Agarwal, Chairman & Professor of Finance, Indian Institute of Finance has welcomed and appreciated the announcements made in the Budget.

Prof. Agarwal said that Budget 2008 is excellent, in tune with the need of economy and the people. The budget will take the country forward. The Finance Minister has distributed largees to all sections of the society much beyond the expectations of the people. His focus on agriculture, health and waiving loans of farmers is appreciable. He has been generous to provide massive relief to farmers, poor and others which will go a long way in the much needed support to the needy. However, the allocations for insurance for labour is appreciable but labour deserve more attention as farmers, soldiers and labour are the backbone of the economy.