Budget 2013 India

Budget Reactions: Hail increase in defence allocation says Zicom Electronic

It is not a flamboyant or even a populist Budget, as many would have expected, for the simple reason that early next year the country goes for the General Elections and Finance Minister P. Chidambaram‘s chief concern seemed to be reducing fiscal deficit than curbing inflation.

Budget Reactions: Measures for expanding financial markets welcome: Kochchar

Measures for further expanding and deepening financial markets and facilitating foreign participation have also been announced. The budget is one part of overall economic policymaking and the budget presented today is a certainly a step forward in the series of initiatives announced by the government in recent months.

Budget to put economy on high growth: SIDBI

The Union Budget 2013-14 embodies strong features of promoting investment and putting the economy on the high growth path leading to inclusive and sustainable development.

Budget Reactions: Cut in STT likely to boost sentiments: Bharti Axa Life

This year‘s budget is a workman-like balancing act and the government has done a decent job given the challenges in the economy. On the positive side â€“ we are happy to see the delivery on the fiscal promise-estimate at 5.2% FY13 & 4.8% FY14 but lack of further visibility on policy initiatives for the coming months is a disappointment.

Budget Reactions: Overall a practical Budget, says India Infoline

Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget.

Budget lacks grand plan to put economy back on track: HDFC

FM's effort to fit everything somewhat scrappily into an omnibus policy has resulted in the lack of a cohesive grand plan to put the economy back on track.

Budget 2013 along expected lines, says JSPL

The Union Budget 2013-14 is along predictable lines and is in sync with the Government‘s mantra to achieve growth leading to inclusive and sustainable development.

Budget Reactions: Permission to open branches will aid penetration: HDFC ERGO

Insurance companies are now empowered to open branches in tier II cities without prior IRDA approval which is a good move and would facilitate penetration without much lag, except that there needs to be more clarity on the definition of Tier II markets.

Budget Reactions: Housing focus to boost construction: Bhartiya International

The Union Budget 2013-14 presented today is a very realistic and balanced budget.

Budget Reactions: Budget tax stability to cheer investor-mood: Khaitan & Co

Overall, the theme of the budget is directed towards growth momentum of the Indian economy as a long term measure and also providing stability and certainty of tax laws to boost investors confidence in India as investment destination.

Budget Reactions: Apparel excise-cut Budget's only bright spot: Shoppers Stop

The Union Budget, which has been built on the pedestals of Inclusive Growth covering Education, Skill development, Jobs and Income, has good intent and stable measures.

Budget Reactions: Budget focus on RGESS to boost retail investment: ICRA

The proposal to increase income limit, avenues and time frame for retail investors under the RGESS is expected to invite a higher degree of retail participation in the Indian capital markets over the medium term.

Budget Reactions: Investment-positive despite no telecom focus: Tata Comm

Union Budget 2013-14 did not have much focus on the Telecom sector in particular but the overall budget will be good for investments. There has been a meaningful increase in planned expenditure to the tune of 30%.

Budget Reactions: Aggregation of farm produce incentives positive: NCML

The expectation that the Finance Minister would give the right signals to investors in the agriculture, warehousing and cold chain infrastructure space through an integrated package of measures to be announced in the Budget has been largely belied.

Budget Reactions: Hike in health allocation not enough: Metropolis Healthcare

Although the increase in allocation for healthcare is a positive move, but is certainly not enough.

Union Budget 2013 - 14: Consolidation Focus, no populism positive: Angel Broking

Angel Broking has come out with its report on "Union Budget 2013-14 Review"

Union Budget 2013 - 14: IIFL: FM's math worked; will the Economy follow suit?

the Finance Minister has confined the fiscal deficit to 5.2 per cent in FY13 and as expected, this arithmetic achievement is in line with his topmost agenda of averting a country rating downgrade: IIFL

Union Budget 2013 - 14: Hoping for revival in growth, says P Lilladher

BUDGET 2013-14: Walking a tight rope amidst uncertain global environment and hoping for revival in growth, says Prabhudas Lilladher.

Union Budget 2013 - 14: Budget pins consolidation hopes on revenue-boost: Emkay

Emkay Global Financial Services has come out with its preview on Budget 2013-14.

Union Budget 2013 - 14: Budget focuses on fiscal amid revenue challenges: D&B

Union Budget FY14: The Finance minister has articulated a Fiscal Deficit (FD) target of 4.8% of GDP during FY14 with a commitment to bring down the FD, Revenue Deficit and the Effective Revenue Deficit to 3.0%, 1.5% and zero, respectively by FY17, says D&B.

Budget Reactions: Budget winner for attention to priorities: Indiabulls

One has to compliment the Finance Minister Mr P Chidambaram for addressing the nation‘s priorities in his budget for 2013-14 said Mr Gagan Banga, CEO of Indiabulls Financial Services Limited. â€œhe has presented a realistic and balanced Budget â€, which is a good beginning.

Budget 2013: Budget expenditure may exceed limits: GEPL Capital

GEPL Capital has come out with its post Budget analysis for 2013-14. According to the research firm, budgeted expenditures for FY2014 may get exceeded due to time consumption to direct transfer to poor and GST (Goods and Services Tax) still largely remains on paper.