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Interim Budget 2019: Likely consumption boost only takeaway for India Inc

It's an out-an-out pre-election budget, say corporate leaders, even as absence of adverse tax moves gives them great relief

Topics
Piyush Goyal  |  Railway Budget  |  Government Expenditure

Arnab Dutta & Veena Mani  |  New Delhi 

In absence of any direct benefits for manufacturers and service providers, a possible boost in consumption remains the only takeaway for the India Inc. Tabled by the interim finance minister Piyush Goyal today, the interim budget is an out-an-out pre-election budget meant to lure voters, they said.

A bunch of corporate leaders had gathered at central Delhi’s Le Meridian Hotel, at least half an hour ahead of the scheduled time of 11 AM. Seated in front of a giant screen, put up for the executives, senior officials and media persons under the banner of industry body ...

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First Published: Fri, February 01 2019. 17:19 IST