INDIA BUDGET 2017 HIGHLIGHTS 1 |
Indian government of Prime Minister Narendra Modi takes credit for yet another game changer, announcing for the first time in history a combined general and railway budget and preponing it a whole month to 1 February instead of the usual 28 February. Finance Minister Arun Jaitley spelled out the budget before Parliament, hailed by the industry and economics generally as a progressive one that emphasises inclusive growth and is aimed at long term course economic course correction to stimulate the GDP growth steadily. Budget Agenda declared is - transform, energise and clean India - TEC India.
1. India a bright spot amid world economic gloom .
2. Oil prices, rising Dollar and volatile commodity prices seen as risks to Indian economy.
3. Focus to energise youth to reap benefits of growth and employment.
4. Demonetisation is a bold and decisive measure, for many decades tax evasion was a way of life for many.
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