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FM has tried to balance Infrastructure Development and Consumption

Posted on 29 Feb by Sanjeev Ranjan, Managing Director, International Copper Association India

The budget this time has made a very strong case for improving the Global Competitiveness of India by focusing on infrastructure, ease of doing business by bringing in regulatory reforms to cut bureaucracy and improve existing taxation norms and help to generate jobs. It is a good budget from the Government of India (GOI) which lays great emphasis on Agrarian / Rural Economy. The crisis under which the rural sector finds itself gets a very comprehensive coverage in the budget. FM has tried to balance between infrastructure development and consumption with a smattering of tax reforms. From the industry perspective, I feel that it’s neutral. I do hold a belief that the annual budget exercise over the years showcases the government intent and its desire on what it wants to do. This time it does clearly look like the focus is on rural sector.Read More...


A Balanced Budget

Posted on 21 March 2017 by Sanjeev Ranjan, Managing Director, International Copper Association India

In the last two and half years, Government of India has continued to move on a path of fiscal consolidation, without compromising on public investment and this trend was evident in this year union budget also.Read More...






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