It is a very good, balanced and forward looking Budget that gives a great sense in terms of directional clarity of what the Finance Minister wants to do. He has laid down the intent and the road map for the economy and has clearly spelt out the vision of the government.

The Budget covers a whole spectrum of areas that are directed at giving a boost to the economy, stressing on social inclusivity and channeling funds for public good.

The Minister has clearly focused on the key elements of infrastructure, including the development of roads, housing, electrification of villages, skill development and employment generation. The Budget is broad-based and provides a thrust to society including the marginalised, the young and the elderly.

To move towards the vision of a healthy India, hygiene and cleanliness programmes have been accorded priority and contributions towards the Swachh Bharat Fund have been made tax exempt. In tandem, there is a focus on increasing access to healthcare by widening the health insurance net. I see the Budget as a strong booster for industry. The further opening up of foreign investment, tax-free bonds for infrastructure, simplification and progressive reduction in corporate taxes are welcome steps. I think private investment will certainly increase and there is a dire need for it.

Overall a very good Budget! I look forward to this getting executed and India crossing an 8 per cent GDP.

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