Budget 2016-17 brought back focus to rural economy: Bandhan Bank

Chandra Shekhar Ghosh, Founder, MD and CEO, Bandhan Bank:“The Budget for fiscal year 2016-17 has brought back the focus to rural economy and rightly so as this segment has been experiencing a tough time following two years of insufficient monsoon. The biggest take away from this budget is Finance Minister Arun Jaitley’s commitment to the path of fiscal consolidation. There was pressure on him to have an expansionary budget targeting growth but he has not compromised on fiscal discipline even as his focus remained on growth, driven by domestic demand and a slew of reforms. It has equal emphasis on the firm sector, creation of jobs as well as infrastructure. Finally, this Budget is as much about ease of doing business in India as ease of paying taxes.”