Union Budget 2015-16 analysis by Ventura:
The Union Budget 2015-16 proposals presented by FM Arun Jaitley, builds on the road map of holistic growth presented in the previous year’s Budget. Recognizing that incremental growth will not lead to any kind of amelioration plaguing the Indian Economy, the FM has undertaken measures which are both, bold and revolutionary.
The challenging circumstances of last year viz high energy prices, consequently higher inflation, fiscal & current account deficits have inverted into opportunities. This has provided the FM with adequate leeway to go ahead with bold measures and re-energize the economy to a 8%+ growth trajectory (with possibility of even double digit growth in the coming years).
In our opinion this budget lays out the platform for a quantum moonshot leap as envisioned by our PM Narendra Modi to take India to a USD 20 trillion economy from the current USD 2 trillion.
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