Budget 2014 was certainly not revolutionary and did not offer any benefits to the auto industry.
However it does set a directional approach and is indicative
In an economy with increasing fiscal deficit and depressed investment sentiment over the past years, this budget has some goodies to lure the business community. One gathers that the
Keeping in step with the development mantra, the Modi government’s first budget is a long-term, growth oriented and well intended document. At the same time, it has also fairly
This is a positive practical and sustainable budget which paves the way for unfolding Indian growth story. On a macro-level we can summarise it in 3Cs
Given the tone of the statements made in railway budget and economic survey Jaitley’s budget was on predictable lines. He carried forward the message that the economy was
The finance minister has done a commendable job within the constraints of fiscal space available to him. He has reiterated the need to reduce fiscal deficit and has estimated
The pharmaceuticals industry was waiting to hear details but unfortunately there was no word on it. Nevertheless the overall budget seems to give positive feelers for the healthcare
There is no magic wand to set things right in one stroke and one needs to be pragmatic and effect changes in small dosage, otherwise it can be counter-productive.
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William D. Green
Chairman & CEO, Accenture