Confederation of Indian Industry – CII (Western Region's) Chairman Mr. Piruz Khambatta has termed the budget as encompassing with something for every class of society. In a statement, Mr. Khambatta said social security contribution for workers in the unorganized sector is a game changing announcement. <br />''<br />''He added that full rebate for individuals earning income upto 5 lakh rupees will boost purchasing power significantly. The All India Association of Industries too has welcomed the budget proposal. President of All India Association of Industries, Mr. Vijay Kalantri said that relief measure given to real estate sector and increase in income tax limits and TDS will give much needed boost to economy. <br />''<br />''<div>He said Government's move to set up a new department for fishery sector will further strengthen India's competitiveness in marine product exports while the launch of a National Artificial Intelligence Portal will help to fast-track India's adoption of the fourth industrial revolution technologies.</div>''<div><br />''</div>''<div> He added that extension of Government's e-Marketplace to all Central Public Sector Undertakings will streamline the government procurement process and also promote MSMEs to participate in government procurement. </div><br />''Mr. Kalantri however felt disappointed that the government failed to announce long term financial bonds that could have supported infrastructure projects.<br />''<br />