Schemes announced in Budget to provide further impetus to the economy: Sanjiv Puri

economictimes.indiatimes.com:

«I think all in all many positives in this budget and over a period of time certainly as these schemes get implemented, it is going to provide further impetus to the economy,» says Sanjiv Puri, President CII & CMD, ITC.

If you have to rate the budget on a scale of one to five, how would you rate the budget?
Sanjiv Puri: Well, I do not have a framework for that kind of rating, but I would say the budget is commendable because not only has it addressed these investments required for inclusive growth, it has also got a holistic approach to the climate change, issues of energy transition, issues of certain natural resources like water, etc, are being addressed and it is ahead as far as the guidance on fiscal consolidation glide path was concerned.

So, a lot of positives there and in addition, what was very good to see was really the steps being clearly articulated for the next journey of economic transformation, a lot of focus on ease of doing business, a lot of focus on reforms which lie at the states, better collaboration and incentives for that and also a very clear statement on the next generation reforms that influence the factor cost, land, labour, very important statement around GST to make it more inclusive.

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So, I think all in all many positives in this budget and