The Union Finance Minister Arun Jaitley has presented the General Budget 2016-17 in Lok Sabha today. Major focus on agriculture and farmers’ welfare, massive mission to provide LPG connection to poor households, a new health protection scheme, increased outlay for infrastructure, Rs. 2.87 Lakh crore Grant in Aid to Gram Panchayats and Municipalities, setting up of 1500 Multi Skill Training Institutes and incentives for jobs creation are major highlights of Budget.

Commenting on the Budget, Rajiv Gandhi, CEO and MD, Hester Biosciences said, "It is no doubt a political budget, partly aimed at correcting a perception that the government is urban-centric. Focus areas are clearly agriculture, villages and infrastructure.

This budget has the potential to kick-start an agriculture revolution and transform rural India. Also, there is a special focus on job creation, which is gladdening. We all should welcome the fact that tobacco is more expensive now. All this augurs well for the economy in general."