Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget

| More

Budget Expectations from Mr. Romesh Tiwari, Head of Research, CapitalAim

Posted On: 2019-06-24 13:26:54

Mr. Romesh Tiwari, Head of Research, CapitalAim

Modi 2.0 needs new modified MNREGA type schemes to boost the Rural economy and pump up the consumption as earliest as possible. Attempt to achieve fiscal deficit target will deepen the crisis in Investment scene for the long term. I expect this budget to start a long-term policy for the development and growth of small and micro businesses which are badly affected after De-monetisation and GST. Investors, in general, are realizing the need for immediate reforms to deal with the mess of bad loans piled up with banks and stalling investment cycle. Its time to move the Make in India concept from papers to a realistic long-term policy. The US-China tariff war is an opportunity that can immensely help the Indian manufacturing sector if this budget includes an investment-friendly policy and faster clearances for new manufacturing units. Increase in government expenditure with a focus on reviving rural economy and infrastructure projects does not leave any room for reducing the fiscal deficit in this budget. Besides, the investors are expecting some reforms in the upcoming budget also. For example, the slow down in consumption is evident from all the data coming in since demonetization. As the first budget out of 5 expected budgets, this government can afford to make a new long-term plan that starts from this budget and can be continued to a more inclusive and sustainable growth. With the mess around big bad defaults and the opacity of system, the future will be more unpredictable unless the government makes them liable and accountable towards the investors' trust. A rising mismatch between availability of medical facilities and lifestyle-related chronic diseases is affecting a big proportion of the workforce. An affordable and widely accessible plan for public healthcare policy is expected in this budget. An unambiguous message and a simplified policy for boosting the growth of Small and Micro businesses is the optimum way to attain the more equitable distribution of income and a consistent decrease in the unemployment rate. One of the dream projects of Narendra Modi that could not be implemented in his previous stint. This budget is high time to start implementation on this ambitious project that has the potential to start the process of an all-inclusive long term systematic growth. Hence, a lot of bold steps, as mentioned, are the investor's community looking forward to and in case the government fails to address these concerns and tries to balance the fiscal deficit first, it will disappoint the community in large scale.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Impact on NBFCs post budget - Mr. Santanu Agarwal, Chief Innovation Officer (CIO), Paisalo Digital Limited

Union Budget 2019 - Kumaresh Ramakrishnan, Head-Fixed Income DHFL Pramerica MF

Budget Reaction - Ankit Agarwal, Managing Director, Alankit Limited

Post Budget Reaction from CapitalAim

Budget 2019: Reaction - Debajit Roy, Country Director, QAD India - EV Industry

Budget Reaction - Aakrit Vaish, Co-founder and CEO, Haptik

Union Budget 2019 - Satya Kalyan Yerramsetti, Founder & CEO of Telebu

Budget Reaction - Pankaj Muthe, Program Manager, Academic Program, APAC, Qlik

Budget Reaction - Mr. Pradeep Dadha, Founder & CEO Netmeds.com

Union Budget 2019 - Srini Raghavan, Founder and CEO, EI

Pankaj Khanna, Founder & Managing Director, Khanna Gems Private Limited

Budget Reaction - Puneet Gupta, Founder and CEO of AstroTalk

Post Budget Reaction - Mr. Anuj Gulati, MD & CEO, Religare Health Insurance (RHI)

Union Budget 2019 - Rashi Gupta, Chief Data Scientist & Co-founder, Rezo.AI

Union Budget 2019 - Ashutosh Harbola, CEO & Co-founder, Buzzoka

Union Budget 2019 - Neel Juriasingani, CEO & Co-founder, Datacultr

View on Budget from Commodity Market Perspective: Angel Broking

Union Budget 2019: Angel Broking

Reaction to Union Budget 2019 - 2020

Budget Reaction on education sector from Pearson India

Budget Reaction - Dr. M J Khan, Chairman, Indian Council of Food and Agriculture (ICFA)

Union Budget 2019 - Mrin Agarwal, Financial Educator, Money Mentor, and Founder of Finsafe India

Union Budget 2019 - Suman Chowdhury, President - rating at Acuité Ratings & Research Ltd

Union Budget 2019 - Rajshekar Kalluri, Managing Director at Global Insurance Brokers

Reactions of a Travel startup on the budget 2019

Budget Reaction - Mr. Mustafa Nadeem, CEO, Epic Research

Union Budget 2019 - Dhruv Agarwala - Group CEO - Housing.com, PropTiger.com, Makaan.com and Fastfox.com

Budget Reaction - Brijesh Parnami, Coretree Wealth Advisory Services

Union Budget 2019 - Mr. Yashpal Agnihotri, Managing Director of Amila Group

Post Budget Reaction - Mr. Amit Gupta, CEO and Co-founder TradingBells

Union Budget 2019 Reaction - Umesh Khatri(Cofounder, COO &CTO), Rgyan - A Socio Spiritual Tech Startup

Union Budget 2019 Reaction - Ms. Sonica Aron, Founder & Managing Partner, Marching Sheep

Union Budget 2019 Reaction - Mr. Vivek Goyal, Co-Founder of PlayShifu, an augmented reality technology startup

DD channel for start-ups

Estimated savings/benefits of Rs. 59,599 crore upto March, 2019 under 'PAHAL' scheme

Union Budget stresses the need for heavy investment in infrastructure, Digital Economy and job creation in SMEs

Digital repository of tribal cultural heritage

17 iconic Tourism Sites being developed into world class tourist destinations

Indian Development Assistance Scheme (IDEAS) to be revamped

Government to open four new Embassies in 2019-20

Government to consider issuing Aadhaar Card for NRIs with Indian Passports

Simplification and Ease of Living

Slew of Measures to Encourage Digital Payments

Faceless e-assessment to eliminate undesirable practices

Pre-filling of Income-tax Returns announced

PAN - Adhaar Interchangeability proposed

Lower rate of 25% Corporate Tax extended to companies with Annual Turnover up to Rs. 400 crore

Budget 2019 - Shridhar Venkat, CEO, The Akshaya Patra Foundation

Budget expectations - Mr Amit Saraogi, MD, Anmol Feeds Pvt. Ltd.

Budget Expectations - Mr. Aneel Gambhir, CFO, Blue Dart







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019