Post budget quote by Gopichand Hinduja, Co-Chairman, Hinduja Group
"The budget is aimed at making the Indian economy more competitive and transparent. It has laid emphasis towards higher investment in physical and social infrastructure as well as in digital connectivity. This will lead to more job creation and income to households as well as increase in productive capacity and consumption.
The economy will be comfortably placed in the 8 to 10% growth trajectory despite the temporary disruption of demonetization and headwinds of protectionism in the developed world. The proposed reform of political funding, which has been the long standing demand, will lead towards better governance.
The abolition of Foreign Investment Promotion Board is a step in the right direction to improve the ease of doing business with India".