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Budget may announce some out of the box changes: Dr Mahesh Gupta

It should take steps to improve India's ranking on Ease of Doing Business, says Kent RO CMD

Dr Mahesh Gupta, CMD, Kent RO Systems
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Dr Mahesh Gupta, CMD, Kent RO Systems

Dr Mahesh Gupta
The budget 2017-18 is going to be unique in many aspects. It will be for the first time that Railway Budget will be merged with the general Union Budget. And for the first time, the Union Budget will be announced 1 month in advance on February 1, 2017. 

The Indian economy was growing at a healthy pace of 7.6 percent, when the demonetization drive suddenly slowed down the pace of the economy. Liquidity issues are impacting businesses, especially where the cash transactions were dominant - for example such as FMCG, automobiles, real estate etc. 

Due to the reduced demand, we