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Budget 2018: Steps to Stimulate the Manufacturing Sector

A vibrant manufacturing sector is a must for a vibrant economy and budget 2018 provides the FM with a unique opportunity to further push for reforms and boost the manufacturing sector.

Need for budget?
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Anurag Khare
India’s recent jump of 30 positions on the ease of doing business ranking by the World Bank is definitely a welcome trend. But still much has to be done; further cut in red tape, taking up challenging reforms and identifying and removing bottlenecks are just some of the steps which are needed to further cement India’s position as a lucrative and viable investment destination. A vibrant manufacturing sector is a must for a vibrant economy and budget 2018 provides the FM with a unique opportunity to further push for reforms and boost the manufacturing sector. In the past the government