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<b>Sanjay Sethi:</b> Sops short of expectation

There is not much clarity around foreign direct investment

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Sanjay Sethi
It is a populist Budget overall. While a move in the right direction, it fell short of expectations. The measures for digital transformation & financial inclusion are applauded. However, the government has deployed a lot more sticks than carrots to push the less-cash agenda.
 
I would have expected zero TDR for small value digital transactions. Investments in infrastructure, focus on rural India & employment guarantee and women empowerment are welcome. Allocation of  Rs 10,000 crore for the BharatNet project for providing high-speed broadband is a pleasant step.  So is the launch of Aadhaar Pay to promote digital transactions. Corporate