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The Federation of Industry and Commerce of the North Eastern Region (FINER) approved Union Budget 2026-27 because they believe the budget successfully supports industries while maintaining proper fiscal control.

The budget demonstrates to FINER that the government implements actual reforms instead of making empty promises while maintaining its scheduled fiscal reduction strategy.

The government received praise from FINER because it decided to raise capital expenditure to an unprecedented level of ₹12.2 lakh crore.

The industry body reported that this maximum capital expenditure budget will provide essential support for developing national infrastructure systems.

Increased spending on infrastructure will lead to higher investment levels which will ressult in job creation and support the country's long-term economic growth. FINER believes this careful balance between spending and fiscal responsibility shows strong economic planning.

The federation showed its budget approval because the budget provides essential funding for Micro Small and Medium Enterprises (MSMEs) which form the base of India's economic system.

FINER welcomed initiatives such as the introduction of Champion SMEs and the proposed ₹10,000 crore SME Growth Fund. The new policies will provide financial support to small businesses which they can use to grow their operations while developing new employment opportunities.

FINER believes that stronger MSMEs will create an economic system that delivers better protection and equal opportunities to all people. FINER expressed approval of the budget because it focuses on developing industrial production and technological advancements.

The three planned Chemical Parks together with the India Semiconductor Mission expansion and the establishment of Hi-Tech Tool Rooms and the lithium-ion cell manufacturing duty exemption program represent crucial development initiatives. The three programs will boost domestic production capabilities while reducing import requirements and supporting the Make in India program.

The federation expressed its appreciation for ongoing assistance that supports traditional industries which include textiles and handloom and handicrafts and khadi.

The Samarth 2.0 skill development initiative will create job opportunities according to FINER because it targets specific skills. The initiatives will help local craftsmen achieve their goals while creating job opportunities for themselves and safeguarding India’s traditional industries.

FINER accepted the new initiatives which aim to enhance tourism and improve urban infrastructure and develop high-speed rail corridors and establish education-to-employment pathways.

The industry body states that these actions will establish equal development across all regions while creating fresh employment prospects in all areas of the country including the Northeast.

FINER stated that the budget demonstrates dedication to fiscal discipline through its complete financial requirements.

The organization described how the government aims to decrease its debt-to-GDP ratio while increasing tax compliance through various reforms.

The tax system will become more efficient and taxpayer-friendly because the government introduced two measures which included TCS rate changes and extended income tax return revision deadlines.

The Union Budget 2026-27 creates an advantageous work environment which supports all industrial activities through its various government policies.

The federation states that the budget will provide major advantages to the Northeastern Region while simultaneously supporting the nation's sustainable economic development which will benefit all citizens.