Industry sentiments have been extremely positive and hopeful from the day the new Government has taken up.The eyes are on the new maiden Budget of Modi’s Cabinet Minister Shri Arun Jaitley, as the Prime Minister is seeing this year’s budget to be gleaming white.
The new government is turning impatient to make a move towards an increasing growth model to deliver the best results.The Government is initiating a number of actions with respect to curb the inflation, cutting subsidies, speeding up the already started infrastructure projects and also further increasing the capital productivity.
A major threat which is posing as a challenge for the new Government is the control of the situation of Fiscal Deficit despite of the fact that the country is in low growth and low revenue.
We all know that if we have to jump from low growth, low revenue, lower employment prospects to high growth, high revenue and high employment opportunities the change that has to to keep up pace shall be investment-led.
So, lets wait for that big tidal wave which could lift up all the boats and can lead to the growth by moving to a positive and sustained budget trend for the nation.
