at the very Core of it all … is Content!
Practical, balanced, and growth oriented with due emphasis on social sectors The Bengal Chamber of Commerce and Industry (BCC&I) welcomes the Union Budget 2015-16 as balanced and practical. The Hon’ble Finance Minister has tried to restrict the Budget so that it meets FRBM targets with no additional pressure on the Government. He has said …
Forward Looking, people-oriented Budget but impact on large industry remains unanswered The Bengal Chamber of Commerce and Industry (BCC&I) welcomes the State Budget 2015-16 as it is people friendly with focus on social sectors and social spending although the source of funds for16% additional spending remains opaque. The Budget primarily stresses on …
Five Years Vision Document Presented in the Railway Budget 2015-16 The Bengal Chamber of Commerce and Industry (BCC&I) welcomes the Railway Budget 2015-16 as it is practical and people friendly. At the same time the Budget has not made any unrealistic promises in terms of announcing new projects or new trains while …
Puri, Chairman & Country Head, JLL India: As per reports, the Central Government has approved the proposal to increase the FAR in Delhi state. This increase in FAR is for residential plots which are 750 square meters or higher, wherein the FAR has been increased to 200 from 150. For plots bigger than 1000 …
Anuj Puri, Chairman & Country Head, JLL India The monetary policy announced today indicates that the RBI is of keeping a close eye on inflation rather than facilitating growth just as yet. This makes sense. Globally, emerging markets (including India) continue to remain vulnerable from decisions by US Federal government on withdrawal of stimulus, as …
“The Finance Minister has set the tone for an aggressive and sustained growth path by announcing a progressive Union Budget. Being the lifeline of the economy, logistic companies expected a set of reforms and thrust across related sectors of the economy and the Finance Minister didn’t disappoint. “The proposed investment of Rs 5,000 crore in …
As expected the first budget from PM Modi emphasized on affordable housing, improving infrastructure, and reviving buyers’ sentiments. Tax rebates like increase in housing loan exemption from INR 1.5 lakhs to INR 2 lakhs will encourage property seekers to finalize their pending property decision. Also, the tax exemption limit under 80C has been increased from INR 1 to INR 1.5 lakhs. …
“The Budget is comprehensive but grey in respect of the expectations of specific announcements on reforms. Compact and directional in form on the whole, the Budget seems to have left us with some obscure areas in the backdrop of great expectations although it sets a direction for the economy in the years to come. The …
The new government’s maiden budget claims to contain reform measures to revitalize growth and drive engines of the economy burgeoning again. Will this growth oriented budget withstand the test of time? There’s no denying it’s a common budget, yet it’s difficult to prophesize at this moment. However, couple of reforms announced is a welcome move. …
I congratulate Shri Narendrabhai Modi and the Bharatya Janata Party for this emphatic victory. The results point at a mandate of an aspiring nation yearning to grow. It has been a mandate for development, decisive leadership and an expectation of economic prosperity and a return of feel good factor. The country has got a decisive …