FDCI chairman Sunil Sethi's take on the best and worst things in Budget

Various initiatives like the tax-efficient zero coupon bonds for notified infra debt funds and the introduction of a bill to set up a DFI for infra financing would help create jobs, Sethi says

Does the Budget address the distress caused by the pandemic?

A significant increase in allocation towards capital expenditure, healthcare support, an extension of affordable housing deduction, social security benefits for gig workers and various measures to raise financing for infrastructure have been proposed to benefit a wide section.

Will this Budget help the economy and create jobs?

The government has emphasised increasing capital expenditure and infrastructure spending in our economy to create jobs. The Budget proposes capex spending of Rs 5.54 trillion for FY22, an increase of 34.5 per cent YoY. Also, various initiatives like the tax-efficient zero coupon bonds for notified infra