The Reform, Perform and Transform policy of the government is working well
There was no specific mention of fund allocation for UDAN, the regional connectivity scheme, which is disappointing
HFCs, which so far have conducted business with light-touch regulation, will likely face intense scrutiny
Private investments are being pushed thanks to the Rs 50-trillion investment required between 2018 and 2030, which the government would find difficult to generate by itself
Railway ministry will have to prepare a blueprint to match the envisaged modernisation and investment programme
Government will encourage PSBs to buy high-rated pooled assets of up to Rs 1 trn of good credit firms
Concerns over employment generation have been addressed, albeit indirectly
Free education for all up to high school and scholarships for bright students beyond will change the dynamic of our nation
Budget proposes a series of conditions under which a registration to an institution could be cancelled
Govt proposes e-verification mechanism to do away with any engagement between an enterprise and a tax officer, which many had called out as akin to harassment
There was nothing too thrilling about this Budget, though nothing terrible either
Of particular note are the policy announcements on Jal Shakti, infrastructure investments, and India's added soft power
'Our start-ups have brought about a big social transformation', said FM Sitharaman
Will Modi 2.0 prove to be an exception after having achieved such a decisive mandate?
Boost to essentially come from road corridors across length and breadth of country, focus on maritime development by executing port development and modernization projects
The Budget would help in job growth but only in the long term
EY looks at the triggers for some important stock movements after the budget
This is the first time in years that a finance minister has announced several reforms to reduce consumer electricity tariff
Regulatory control of NBFCs will shift to the RBI, and this will create a level playing field in the market
So the heavy lifting in public investment has to be shouldered by the 257 operating central public sector enterprises