New Delhi, Feb. 1 -- The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the Union Budget 2025-26, stating that it effectively addresses immediate economic challenges while keeping a firm focus on the long-term vision of 'Viksit Bharat'.

FICCI president Harsha Vardhan Agarwal lauded the government's "balanced approach", emphasizing that the Budget provides a comprehensive, inclusive, and forward-looking roadmap.

"Through the Budget the government has made a strong effort to address the immediate challenges being faced by the economy, particularly on the consumption front, while keeping an eye on the long-term target of pursuing the vision of 'Viksit Bharat'. FICCI would like to compliment the Finance Minister...