Budget depicts a fine balance between stimulus and reforms: L&T Finance CEO

The Budget depicts a fine balance between the stimulus and reforms, as it is trying to manage growth with increasing application of analytics and digitalization.

It has appropriately focused on core sectors that have tremendous potential to create jobs and generate incomes like agriculture, dairy farming, fishery, fodder farms, MSMEs, textiles and the social sectors like health and education. 

A reduction in personal income taxes for middle and lower middle classes is strongly positive for demand revival. A specific focus towards creation of warehouses along with steps to boost different allied agricultural activities would support cash flow prospects of rural people. Continued