'It's a treat to hear a Budget like this'

Rajeev Jyoti , Chief Executive, Larsen & Toubro Ltd.: "The Rs 1,10,000 crore budget shows that the railways can kickstart the economy. The element of internal revenue generation of about Rs 20,000 crore is also impressive. It's a very creative budget and we're pleased to hear it.''

CP Sharma , Managing Director, Daulat Ram Engineering Services Pvt Ltd: "After a long time it's an innovative budget and it's been managed without increasing passenger fares which is good."

Nalin Jain , President & CEO, GE Transportation: "The goal of achieving 1.5 billion tonnes in freight is significant. There are lots of short-term low-hanging fruits which can be achieved. It's an aggressive plan and if executed, this Rail Budget can convert to real numbers in 2015-16."

Umesh Choudhury, VC & MD, Titagarh Wagons Ltd: "It's a treat to hear a Budget like this. The Minister has provided a comprehensive roadmap. The major thing is the announcement of a regulator being brought in to protect private investment. I can't see any points that the Minister has failed to address, the challenge will be to put it into action."

Tilak Raj Seth , Vice-Chairman, CII Rail Transportation & Equipment Division & Executive Vice-President, Mobility, Siemens Ltd: "This was an honest attempt to give due credence to the needs of the hour. There was a lot of out of the box thinking particularly the point to engage the States in a common programme."