BS Jury on Budget: Boost for NBFCs, infrastructure & inclusive growth

Here's how industry titans view Nirmala Sitharaman's maiden Budget

Adi Godrej

Chairman, Godrej Group

The Budget is good for certain sectors of the economy such as rural, education, housing, and infrastructure. Reform in these sectors is always welcome and it will aid growth. However, I don't see a GDP growth orientation in this Budget for this financial year. The stock market has already come down and that gives us a sense as to how investors are reacting to the Budget. From our point of view, it will be good for our real estate business. The Finance Minister has given a boost to affordable housing by giving an additional tax deduction (of