Business Standard

<b>Sanjay Sethi:</b> Sops short of expectation

There is not much clarity around foreign direct investment

Image
Premium

Sanjay Sethi
It is a populist Budget overall. While a move in the right direction, it fell short of expectations. The measures for digital transformation & financial inclusion are applauded. However, the government has deployed a lot more sticks than carrots to push the less-cash agenda.
 
I would have expected zero TDR for small value digital transactions. Investments in infrastructure, focus on rural India & employment guarantee and women empowerment are welcome. Allocation of  Rs 10,000 crore for the BharatNet project for providing high-speed broadband is a pleasant step.  So is the launch of Aadhaar Pay to promote digital transactions. Corporate

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in