The Budget (DOMINIQUE FAGET/AFP/Getty Images)

The Union Budget presented yesterday (1 February) by Finance Minister Arun Jaitley was thankfully without much fanfare and upsets for a country that has just gone through a disruptive demonetisation exercise. Free of bad ideas, the budget was reassuring at times of uncertainty, most experts have said. But some have questioned the lack of a ‘bolder vision’ and if the budget is too somber to weather a gathering storm in global capitalism. Yet on the whole, it was a thumbs up for the budget.

1. T N Ninan: Bottom-line - budget provides re-assurance.

Jaitley's proposals convey a message of stability and predictability in times of uncertainty.

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2. Pratap Bhanu Mehta - Steadying the ship

Budget is a sober response to fear and uncertainty. But will it help tackle gathering storm in global capitalism?

3. R Jagannathan - ‎The 10 Key Takeaways From Arun Jaitley’s Fourth Budget

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Perhaps the biggest plus of this budget is that it brought no negative shocks. And no bad ideas like farm loan waivers.

4. Dr V Anantha Nageswaran: A safe, sound but inadequate budget

One needed a bolder vision to make the country buzz again with the excitement of enhanced possibilities, the 2017-18 budget is missing that.

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5. Mihir S Sharma: A Budget that didn't go far enough

Budget also notable for its continued focus on a growth-promotion model that has so far failed

6. Harish Damodaran: What Modinomics means: Government less a spender, more an enabler

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The Centre’s fiscal deficit has been pegged at 3.2 per cent of GDP, only a tad out of line with the Modi government’s original roadmap of reducing it from 4.1 per cent in 2014-15 to 3 per cent by 2017-18.

7. Shubhashis Gangopadhyay: Consistent with fiscal prudence

The best the government can do is leave its own imprint on what it thinks the Budget should achieve

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8. Sajid Chinoy : Striking the right balance

A responsible Budget that prioritises macroeconomic stability while protecting public investment

9. Chandrababu Naidu: Budget 2017 takes radical steps quietly to a giant leap into India's future:

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The Budget has focusd on inclusive growth.

10. Arundhati Bhattacharya: Recapitalisation of banks will boost their lending capacity:

The budget has chalked a clear fiscal path for the years ahead.

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