Anand Mahindra, chairman of the Mahindra Group, welcomed the interim Budget, saying that he was 'grateful' for the relief provided to the middle class and farmer segments of the economy.

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Interim Finance Minister Piyush Goyal presented Modi government's last Budget on Friday, ahead of the Lok Sabha Elections.

Among the key announcements made by Goyal were farm relief package, full tax exemption for an income up to Rs 5 lakh and others.

>>Budget Speech Full Text: Here's what interim FM Piyush Goyal said

"I was bracing for a populist,profligate budget driven by ‘election panic.’ I’m just grateful that the reliefs to the key middle class & farmer segments were delivered in a measured way without risking bankruptcy of the economy. This was a controlled, pump-priming exercise," tweeted Mahindra.

I was bracing for a populist,profligate budget driven by ‘election panic.’ I’m just grateful that the reliefs to the key middle class & farmer segments were delivered in a measured way without risking bankruptcy of the economy. This was a controlled, pump-priming exercise...

— anand mahindra (@anandmahindra) February 1, 2019

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First Published:Feb 1, 2019 3:17 PM IST