Anoop Pabby, Managing Director & CEO, DHFL Pramerica Life Insurance Co: “The Union Budget 2014 presented by the Finance Minister today, is a positive for the country, and shows some much needed fiscal practicality. The intent of the Finance Minister to strengthen and modernize regulatory framework in financial sector to meet challenges of a complex […]
The overall sentiment in the industry post the budget is very positive; it is a very business-friendly budget. We would like to congratulate the Finance Minster on putting together the vision of the new government on the critical sectors of the economy. Our complements for the great road map drawn up for the Renewable Energy […]
“The present government has started with a very strong commitment to develop a robust and sustainable skilling ecosystem with the Prime Minister’s vision for building India on the “Skill, Scale and Speed” plank. As a clear reiteration of this commitment, the Finance Minister in his Union Budget speech today, has also provided this government’s full […]
“The Budget 2014-15’s specific thrust on the infrastructure sector is a welcome move. The assurance to ensure adequate supply of coal for thermal projects, the tax holiday for the power sector, allocation of over Rs 37,000 crore for roads and focus on developing airports under PPP for Tier I and II cities; all indicate the […]
It’s a path breaking budget with significant focus on real estate and infrastructure. The various incentives that have been provided will enhance the growth prospects of the real estate sector, even further. To begin with, REITs being awarded a pass through status will attract significant investments into the sector which is the need of the […]
“The budget sets out a clear direction for growth with minimum scope for speculation and changes. The financial inclusion agenda gets a boost with the proposal for setting up of differenciated banks /payment banks. Acceptance of aadhaar and low cost cash out infrastructure, will make the payment bank a reality and we will look to […]
“The Budget emphasizes on a bottom-ups approach to reignite growth. Allowing banks to issue long term bonds without recourse to statutory pre-emption (CRR/SLR) for financing infrastructure is a positive step. Allowing infrastructure loans to be given for longer periods matching the life of the asset (25X4 structure) is a big positive. It will prevent undue […]
Mr. Amol Naikawadi Joint Managing Director, Indus Health Plus says, “Overall, the health market players may not be too happy since there aren’t any major reforms announced for the entire health industry. We have again failed to make government realize that it is importance to address the increasing health issues. Various non-communicable and communicable diseases […]
Prima facie this seems to be a good Budget under the current circumstances. It offers clear road-map on the path to be taken towards growth trajectory by giving thrust on infrastructural developments in the areas of Power, Roads, Industrial corridor, revamping of SEZs etc. It is also heartening to note that provision of investment allowance […]
This is by far the best budget for start-up ecosystem in India. Raising capital is the biggest challenge that every entrepreneur face but with this step of Modi Government, India will see more and more people starting their entrepreneur journey in coming years. Although the whole idea Rs.10,000 VC Fund sounds good but main question […]
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