Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations
Increasing corporate bond market participation from 5% to 15% of outstanding bonds will enable larger global funds into triple A credit.
The finance minister has sent a strong signal to the world that India is open for business
Finance minister's proposals are in line with the needs of India's economy in a global environment
The Budget has proposed reform in tax administration, curbing black money and reporting a company's activities. These measures should now pave the way for India to progress from Make in India to 'Inno