Was Narendra Modi-govt's maiden Budget ambitious enough?

The Budget is certainly a mixed bag, and both the industry and market appears to be unable to decide what to make of it, s experts.

Finance minister Arun Jaitley on Thursday presented his maiden Union Budget in the Parliament. As the noise around the Budget reduces, investors have been contemplating if this is enough to bring India on an above 8 percent growth trajectory or this simply stands as a missed opportunity.

Experts believe the Budget is certainly a mixed bag, and both the industry and market appears to be unable to decide what to make of it. On a fair note, whatever the announcements in the Budget, the key lies in implementation and the effects will be felt only after a while. As FM too has pointed out, this is just the beginning of the journey and we should expect a lot more reforms from his government.

A panel consisting BJP MP Jayant Sinha, Centre for Policy Research's Economist and Senior Fellow Rajiv Kumar, Congress' Former Minister, I&B and Leader Manish Tewari along with EY's Senior Tax Partner Satya Poddar give their take on Arun Jaitely's maiden Union Budget and their outlook on the road ahead for the Modi government on CNBC-TV18's The Verdict.