This year's budget has primarily focused on three key sectors namely agriculture, healthcare and infrastructure. The proposed plan of the government to provide 10 crore poor and under-privileged people with a medical treatment coverage of up to Rs 5 lakh is indeed a laudable step which will alleviate the problem of the poor to a very large extent as healthcare has always been a problem for most of the population.
The IPO league is growing - and thriving. In the construction arena, whether it is companies involved in building products, building and infrastructure projects, or state-owned undertakings, the initial public offering (IPO) lane is clearly crowded.
Wave Infratech has launched ´Manorath´ in Wave City-NH24 under the Pradhan Mantri Awas Yojna (PMAY). With families residing in floors and plots in Wave City, it gels well with buyers who already have a neighbourhood and the advantage of world-class infrastructure.
Through the announcements made in the Union Budget 2017-18, the government continues to work on its reformist agenda. Extending the incentives for low-cost housing and affordable housing, the announcement of including the segment under infrastructure will provide the necessary boost to the segment.