India inc speaks: Adding muscle to infrastructure sector with best standards


India inc speaks: Adding muscle to infrastructure sector with best standards

It’s a bold and game changing Budget, the government has focused on higher spending in rural economy, agriculture, housing and infrastructure sector, and yet maintained the best standards of fiscal prudence. The finance minister has kept in mind the need to continue with strong economic reforms, promote higher investments and accelerate growth, particularly in sectors such as railways, roadways, and solar energy. It’s a very good budget, I would like rate to 8 out of 10

The Union Budget has laid total allocation for infrastructure development at Rs 3,96,135 crore for 2017-18, I anticipate this will not only spur economic activities but also create more job opportunities. The proposal to abolish Foreign Investment Promotion Board (FIPB) in 2017-18, and further liberalise foreign direct investment (FDI) policy will help India to attract higher investments in infrastructure sector. Read More…

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