Decoding the MSME and Construction Packages
Vijay Agrawal writes about the first beneficiaries of PM’s Rs 20 tn package. May 2020
As expected, the interim budget for the financial year 2018-19 was comprehensive with an emphasis on farmers, tax payers and infrastructure development. The allocation of Rs 649.70 billion will boost the Indian Railways plans. While the industry laid down a lot of expectations from the interim budget, for instance, aspects such as according Infrastructure status to the industry, and structured single-window clearance among others, which weren’t met, the budget, in its entirety, took into account a host of other issues aimed to propel the economy into a $10 trillion economy, which is a positive sign.
The Most Promising Updates From the Interim Budget: