HomeNewsBusinessEconomyUnion Budget 2017-18: Hope proposed reforms will encourage people to spend, says HCC
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Union Budget 2017-18: Hope proposed reforms will encourage people to spend, says HCC

Listing his views on the policy announcement, Gulabchand told CNBC-TV18 that the government government has understood that there is a lack of demand and that it must step in to create demand.

February 01, 2017 / 20:17 IST
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The Union Budget announced earlier today had no big negatives, says Ajit Gulabchand CMD, HCC.

Listing his views on the policy announcement, Gulabchand told CNBC-TV18 that the government has understood that there is a lack of demand and that it must step in to create demand.

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He said that the changes made for the affordable housing scheme is a big positive and expects the middle-class population to be happy with the tax rate cut.

Today everyone is a bit wary of spending and the reforms proposed in the policy will hopefully encourage people to spend more, he said.Watch video for more.

TAGS: #affordable housing #Ajit Gulabchand #Announcements #Arun Jaitley Budget #Budget 2017 #Budget 2017 highlights #Budget 2017 India #Budget 2017-18 #Budget Expectations #Budget News #Budget proposals #Economy #Finance budget #Finance budget 2017 #Finance budget 2017 highlights #Financial budget #fiscal deficit #Hindustan Construction Company #Income Tax slab 2017 #Income tax slab 2017 18 #Indian Budget 2017-18 #Pre-budget memorandum #tax rate cut #Tax slab AY 2017 18 #Union Budget #Union Budget 2017
first published: Feb 1, 2017 08:17 pm

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