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    HomeNewsBusinessBudgetBudget Reactions: 'Thrust on the coal, power segments is positive'

    Budget Reactions: 'Thrust on the coal, power segments is positive'

    Despite expectations of a reform-oriented budget to boost the growth of the domestic economy, the government failed to provide not only a reform agenda on subsidies or FDI front but also effective timelines on the much anticipated Goods & Services Tax (GST) and Direct Tax Code (DTC).

    March 16, 2012 / 19:02 IST

    By Arun Singh, Senior Economist, Dun & Bradstreet India


    Despite expectations of a reform-oriented budget to boost the growth of the domestic economy, the government failed to provide not only a reform agenda on subsidies or FDI front but also effective timelines on the much anticipated Goods & Services Tax (GST) and Direct Tax Code (DTC).


    However, the focus on mobilization of funds for the infrastructure as well as thrust on the coal, power segments is positive as it indicates the government
    first published: Mar 16, 2012 06:13 pm

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