My Budget:Zoravar Kalra

An interview with Zoravar Kalra to gauge how Budget will impact people from various walks of life

Zoravar Kalra
Zoravar Kalra
Business Standard
Last Updated : Feb 02 2017 | 1:43 AM IST
Do you think the Budget will revive the economy? 

I think it is a populist Budget, which will bring more people under the tax net. A specific timeline has been set for rolling out the GST. Road sector allocation has been hiked. One of the biggest reasons that the US is what it is is its roads. If we want the commerce and industries to prosper, a good road network is crucial.

What was the best thing about the Budget?

The plan for 100 per cent electrification of villages is great. Another good move is the setting up of special tourism zones to help the tourism economy.  

And the worst?

GST only covers food and not liquor at restaurants. There will be two different tax structures at a restaurant, which means we will have to generate two bills for the patrons.

Will the Budget fetch political gains for the Narendra Modi government?

It is a populist budget, which means their vote bank is sorted. At the same time, it has done enough good for the economy.
The author is the Founder and managing director, Massive Restaurants

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story