1.Budget 2020’s focus on infra is towards regaining private sector confidence

The Union Budget mentioned Rs 100 trillion to be invested on infrastructure over the next five years.

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2.Economic Survey: Need to relax fiscal deficit for the current fiscal to revive growth

The Annual Economic Survey 2019-20, prepared by a team headed by the Chief Economic Adviser Krishnamurthy Subramanian, and tabled by Finance Minister Nirmala Sitharaman

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3.The Budget would help in growth of consumption and infrastructure development

Budget 2017 has focused on infrastructure, including digital infrastructure, increasing private investments, increase consumption and strengthen social sector and safety net, including health and education. The key feature of the Budget appears to be several declared deadlines for outcomes such as elimination of TB by 2025, removal of unmanned crossings in railways by 2019, etc.

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4.The government may release land specifically for affordable housing development in central locations of major urban centers in India

The announcements in Union Budget 2017-18 provided the much necessary push to housing affordability. Host of incentives to propel demand, streamline direct tax related issues, and promoting low-cost housing in both urban and rural regions were announced which were in-line with our expectations.

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