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Budget 2019: Infra, de-clogging NBFCs, incentivising small biz takeaways

The focus in infrastructure is a positive step and that's what the markets, too, were expecting. However, infrastructure financing is a long duration game

Finance Minister Nirmala Sitharaman and MoS Anurag Thakur arrive at Parliament to present the Union Budget 2019-20 | Photo: PTI
Finance Minister Nirmala Sitharaman and MoS Anurag Thakur arrive at Parliament to present the Union Budget 2019-20 | Photo: PTI

I think the Budget is ambitious and provides a vision for a new India, which is very important. There is so much if dissidence and pessimism around. So to that extent, the confidence Finance Minister Sitaraman is a sentiment booster. There is an overarching aspect over every sector – be it infrastructure, social reforms, financial sector, corporates etc. The long-term growth momentum issues seem to have been addressed. Simple, yet important issues like the Model Tenancy Law have been tackled. There are a lot of dwellings that are still under lock-and-key in the absence of a proper ...