Budget 2009 India
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Keki Mistry, Vice Chairman and MD, HDFC Ltd

One of the core issues for long-term growth of the Indian economy is boosting infrastructure investment, which the government has done through increased outlays...

Isaac George , CFO, GVK Power and Infrastructure

The take out financing which was proposed yesterday in the budget is a very positive thing that has happened and what will happen here is that most of the banks...

Sudhir Reddy, Chairman and Managing Director, IVRCL

Increased allocation to Jawaharlal Nehru National Urban Renewal Mission (JNNURM), accelerated irrigation and National Highways Authority of India (NHAI) all pos...

Punit Beriwala, MD, Vipul Ltd

We support the encouragement provided to PPP model for improvement in infrastructure and a boost to rural housing fund, as this will take the economy to a highe...

Ninad Karpe, CEO & MD, Aptech Limited

The education sector should be given a same status as infrastructure industry....

Pradeep Jain, Chairman, Parsvnath Developers Limited

The focus was seen more on infrastructure. The budget along with the Railway Budget will contribute to infrastructure development across the country.

...

Manoj Agarwal, Managing Director, Adhunik Metaliks Limited

The plan to increase investment in infrastructure to 9% will boost infra-related sectors like steel, cement, power sectors and few others....

Chanda Kochhar, Managing Director & CEO, ICICI Bank

The emphasis on infrastructure and rural development will help to improve productivity and prosperity in the country in the long-term. The government has made a...

Sanjay Sinha, CEO, DBS Cholamandalam Asset Management

Social (higher allocation targeting bottom pyramid of urban and rural India) and infrastructure sectors have received higher thrust to revert to higher growth....

Ajit Gulabchand , Chairman and MD of HCC, HCC

There were no announcements made on how government will be funding the infra growth. ...

Gautam Adani, Chairman, Adani Group

The gradual ramp-up of investment in infrastructure in excess of to 9% of gross domestic product (GDP) by 2014 indicates clear focus on infrastructure and flexi...

Rahul Mirchandani, Executive Director, Aries Agro Limited

The budget has made great moves on infrastructure development, including cold storages and warehousing, and irrigation development, which will both be positive ...

Sanjay Sachdev , Country Manager - India, Shinsei Bank

The sector that will benefit from the budget proposals is the construction sectors on account of spending for infrastructure and roads...

Sanjay Sakhuja, CEO, Ambit Corporate Finance

And finally, in terms of overall direction, the FM has continued the focus on infrastructure development, with some important initiatives in the public private ...

Koushik Chatterjee, Group CFO, Tata Steel

I would say that the allocation if you look at the highways or the allocation towards the urban mission has been increased very significantly. So there could be...

Ramesh Damani, Member, Bombay Stock Exchange

You could have asked me the number 100 times and each time I would have come with a greater number than Rs 1120 crore which is the amount which is flashing on a...

Shikha Sharma, CEO & MD, Axis Bank

There are good solid statements of saying that there is not going to be a knee-jerk reaction on any thing but we are focused on infrastructure, on inclusive gro...

P K Ranade, Joint Managing Director, Indo Asian Fusegear Limited

The budget along with the railway budget will contribute to infrastructure development across the country. ...

Sajjan Jindal, VC & MD, JSW Steel

Whatever has been told today on infrastructure, one is that India Infrastructure Finance Company Limited (IIFCL) would be recapitalized to Rs 100,000 crore and ...

Nilesh Shah, Managing Director & CEO, Envision Capital

If we segregate the stock price performance and expectations from the budget, the expectations from the budget were all about huge increase in outlays for infra...

KV Kamath, MD & CEO, ICICI Bank

I think the budget is basically giving an idea as to what the government would do on infrastructure. Clearly the government expects increased public private par...

Deepak Parekh , Chairman, HDFC

The Finance Minister has put much more emphasis on infrastructure. He is making sure that access to money will be available through India Infrastructure Finance...

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12:54

FY10 fiscal deficit at 6.8% of GDP vs target of 5.5%: FM

12:53

No change in corporate tax: FM

12:53

Goods and service tax from April 1, 2010: FM

12:53

Personal income tax exemption hiked by Rs 10,000: FM

12:53

Increase in personal income tax limit by 15,000 for senior citizens: FM

12:52

Surcharge of 10% on personal income tax removed: FM

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 Increase investment in infra to more than 9% of GDP by 2014

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