SpiceJet comment on Union Budget 2015-2016 "The vision for the double digit growth is very encouraging. The budget appears to lay a roadmap for lower taxes, simplification of process and ease of doing business and investment in infrastructure sector. The proposed bankruptcy law which I expect will be akin to Chapter 11 provision present in US will help unshackle massive investments which are stuck in stalled projects.
The FM's thrust on reducing subsidy leakages, increasing transparency with use of technology and minimizing the circulation of black money will go a long a way in improving the economy. Plug and Play Projects, re-look at the PPP framework, reduction of litigation, introduction of MUDRA bank, social sector schemes, Pension funds, make this year's budget a budget of ideas and if implemented well should lead to great growth in the Indian economy.
28/02/15 moneycontrol.com
The FM's thrust on reducing subsidy leakages, increasing transparency with use of technology and minimizing the circulation of black money will go a long a way in improving the economy. Plug and Play Projects, re-look at the PPP framework, reduction of litigation, introduction of MUDRA bank, social sector schemes, Pension funds, make this year's budget a budget of ideas and if implemented well should lead to great growth in the Indian economy.
28/02/15 moneycontrol.com
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