The budgetary proposals this year may appear to be lacklustre but many prefer to read between the lines and draw encouraging conclusions By Gyanendra Kumar Kashyap Days before Finance Minister Arun Jaitley presented the Union Budget for 2018, speculation was rife that it would be a populist budget. And rightly so, for India goes to
Rajesh Mehra, Director & Promoter, Jaquar Group The Union Budget 2018 -19 further strengthens the government’s Swachh Bharat Mission as they continue to address the crucial issue of open defecation, especially in rural areas. The push towards affordable housing and smart cities will add to India’s growing demand for infrastructure requirements. Jaquar Group hopes to
Mehernosh Pithawalla, VP & Global Head – Marketing, Sales & Innovation, Godrej Security Solutions The Union Budget 2018 has given the much needed importance to infrastructure, safety and comfort of passengers by announcing the highest ever capital expenditure plan in the history of railways. With the redevelopment of 600 major railway stations being taken up
R. Narayan, CEO, Power2SME The government’s intent of promoting ‘ease of doing business’ among MSME players was evident in the announcements made by FM Arun Jaitley for MSMEs. With major focus on improving lending in the MSME sector, the government has announced a number of measures to ease the lending process and has also addressed to
Anuj Puri, Chairman – ANAROCK Property Consultants All eyes were on the Finance Minister as he delivered his fifth full Union Budget – the last one before the general elections in 2019. As expected, the budget turned out to be populist and sounded excessively cautious while the need of the hour was to provide a
Shishir Baijal, Chairman & Managing Director, Knight Frank India The Union Budget 2018-2019 has predominantly focussed on revitalising the rural economy which is a good move. We also welcome the thrust on the healthcare, agriculture and infrastructure sectors outlined in this budget. Throughout last year, measures surrounding ‘Affordable Housing’ were the mainstay from the perspective
KE Ranganathan, Managing Director, Roca Bathrooms Pvt Ltd. Overall a good budget which is well thought out to take India on a sustained growth path. Focus on demand drivers like Housing for all by year 2022, over 2 Cr toilets in 2 years to be built for making India ODF (Open Defecation Free), Education sector
Ramesh Nair, CEO & Country Head, JLL India The union budget announcement today did not have any direct impact on the real estate sector. No changes in Income Tax sops or other direct measures that influence the sector. The demand and supply dynamics of real estate sector get no further intervention. The sector which has
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