Ficci director general: The budget isn’t a list of announcements but a coherent plan to strengthen India’s economy
Subscribe to enjoy similar stories. The budget reaffirms a defining feature of India’s economic strategy over the past decade: growth anchored in reform, investment and macroeconomic credibility. Rather than announcing isolated measures, it presents a coherent growth compact built on multiple pillars to strengthen its foundations while adapting to a complex global environment.
Reform as a continuous process: A central message of the budget is that reform is not episodic but ongoing. The emphasis on a ‘Reform Express’ underscores an intent to keep improving the regulatory and compliance ecosystem—as we have seen with the simplification of GST, rationalization of quality controls, reduction in procedural friction and greater trust-based governance. In an environment where businesses value predictability as much as incentives, the steady march of reforms enhances confidence, lowers transaction costs and improves productivity.
Infrastructure as the backbone of competitiveness: The budget keeps its focus on public infrastructure investment, with capital expenditure rising. This reflects an understanding that infrastructure is not merely a stimulus, but a long-term competitiveness strategy. Investments in transport, logistics, urban infrastructure and multimodal connectivity are designed to ‘crowd-in’ private investment, reduce costs for industry and unlock regional growth.
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