Budget 2019: A new chapter for education, says PwC India's Sanjay Tolia

National Education Policy and establishment of the National Research Foundation are steps in the right direction

Spurring the nation’s entrepreneurial spirit is key to job creation and growth. Recognising this, Finance Minister Nirmala Sitharaman announced several notable initiatives, such as speedy access to loans of up to Rs 1 crore for MSMEs and a consolidated scheme that will support the development of skilled entrepreneurs in the agro-rural industry. Moreover, apart from the relaxation of various tax regulations, start-ups are also set to get their own exclusive TV channel. These measures will have a multiplier effect as entrepreneurs who benefit from them will create job opportunities, thus boosting consumption, which will, in turn, lead to growth.