Jammu/Srinagar, Feb. 2 -- The industrial bodies have hailed the Union budget that was presented by finance minister Nirmala Sitharaman in the Parliament for the fiscal year 2025-26 on Saturday. At the same time, they have called for attention to the tourism sector and incentives for industrial units.

Arun Gupta, president of the Jammu Chamber of Commerce and Industry, described the budget as well balanced with focus on all major sectors, like defence, health, agriculture, development, exports, women, youth and lower middle-class people. He, however, felt that the budget should have made certain provisions for establishing some public sector undertakings to boost Industrial development and give a fillip to generate employment.

He also ho...