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Budget 2019: People will feel confident to spend more, says Godrej

The announcements, for instance, on personal taxation, especially for the middle and lower middle-class, are good

Interim Budget 2019
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Interim Budget 2019

Adi Godrej
It was a good Budget. Clearly, it had a lot of political objectives owing to the impending general elections. Having said that, some of the good points I noticed was the steps taken for farmers. The government is also encouraging animal husbandry and fisheries through interest subvention on loans. 

This is welcome because I believe it is important to address farmers in different segments. The effort to give relief to small and medium entrepreneurs is also welcome. This will help the sector. The fiscal deficit has also been reasonably contained at 3.4 per cent. 

That is good. There is clearly an effort

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