It has restored confidence of businesses as well as provided on-ground support that MSMEs need and farmers deserve, Co-founder of Udaan said
Abolishing DDT will attract investments, said Ajit Menon, CEO of PGIM India Mutual Fund
However, on Saturday, the stock markets did not react positively, contrary to the government's expectation
The states' revenue from the central tax pool was up 25.8 per cent YoY in FY19, while it was down 0.4 per cent YoY in FY18
Bond yields will also be under pressure due to Rs 2.7 trillion of switches in FY21, which increases duration risk
There were no big-bang measures for foreign portfolio investors (FPIs) in the Budget
The bank is expected to come out of the Reserve Bank of India's prompt corrective action (PCA) framework by March 2020
'The disappointment is on the lack of bold, out of the box measures to tackle the current economic slowdown'
In the 2020-21 Union Budget, finance minister Nirmala Sitharaman proposed to expand the scheme to all districts, and offer 2,000 medicines and 300 surgicals by 2024
The Budget announced for farmers, comprising 16 action points, will definitely boost the agriculture sector
The government's decision of upholding power purchase agreements as well as the opening up of railways, city gas distribution, and electricity supply to the private sector, are welcome steps
The window will map land banks, provide necessary clearances
India Inc tax collections to fall 8% in FY20
Solar modules constitute 80% of the cost of a solar power project.
The renewable energy sector is elated that the benefit will come to them, given no future pipeline of any thermal power projects
To achieve higher export credit disbursement, a new scheme, NIRVIK, is being launched
Fiscal prudence has been given priority over fiscal stimulus which will contain the growth of debt liabilities, but it will not provide the strong public expenditure push required for reviving growth
Medical inbound tourism, already on the rise, will get a boost with addition of Tier-II and -III hospitals
The Budget offers huge relief to exporters with the introduction of a new scheme for reversion of duties and taxes on exported products
But Customs duty hike may lead to price rise in EVs, ACs, refrigerators & handsets