Budget focussed on agri, infra, fiscal discipline: CARE

Union Budget 2015-16 analysis by CARE:

The first full year budget of the new government has attempted to carry forward the positive sentiments surrounding the Indian economy by providing for a roadmap for the future. The broad measures/allocations announced, including the various social and welfare allocations, will provide for benefits in the long term as opposed to any significant changes in the immediate timeframe.

While recognising the various challenges faced, the budget has rightly focussed on 4 key areas – agriculture, infrastructure, manufacture and fiscal discipline, to realise it vision and trajectory for the country’s economy. The thrust laid on the infrastructure sector, the measures announced to stimulate the “Make in India” programme and for the facilitation of “Ease of Doing Business” sets the tone for the revival of the country.

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