Finance Minister Nirmala Sitharaman
The Budget shows a growth trajectory that will not be constrained by resources such as fiscal deficit, inflation, rating agencies
The low threshold limit in the old definition of MSMEs averts companies from expanding further, which also stops them from enjoying the benefits that are accorded to them by the law. With the emended definitions of MSMEs, they will not have to worry about growing their size and can still avail benefits.
This budget respects everyone from all sections of society from farmers, marginalized people to taxpayers. Importance is also given to climate and water conservation.
Corporate tax cut, a sensible move to boost the spirit of market and customer delight – Hail Modi Govt
If Modi had only weighed political interest and winning election, he could have be tougher with corporate and generous in social welfare schemes. But Modi never believes and want politics in governance and for Modi India comes first.
Modi 2.0 government is keen on catapulting India to a 5 trillion economy by 2025.
On abrogation of Article 370, Gopalakrishnan said it will definitely boost the economy of Jammu, Kashmir and Ladakh, but did show keen interest to invest there because he has not so far invested beyond South India so far.