Budget 2020: E-commerce sector to benefit from mindful provisions

The thrust on digital infrastructure will be key to bridging the socio-economic and the rural-urban divide

The Union Budget 2020, presented by Finance Minister Nirmala Sitharaman, comes at a time when India has set its sights on becoming a $5 trillion economy by 2025. The Budget is designed keeping in mind the aspirations of young and entrepreneurial India. A well-calibrated, comprehensive agriculture policy, boosting manufacturing output coupled with measures to increase disposable income are all excellent for a consumer economy.

Several of the initiatives announced today will benefit the e-commerce sector in particular. This is led by the increase in income by way of the new tax regime that promises to foster a vibrant consumer economy. The