Focus in Budget on rural economy

Focus in Budget on rural economy

It is good to see investments across the board whether in government sector or private sector as a strong focus area of this Budget. (Photo: IANS)

By Ajay S Shriram

It is good to see investments across the board whether in government sector or private sector as a strong focus area of this Budget.

With investments there will be enhanced economic activity, job creation, boost in revenue and benefit to people across the board. I do hope the disinvestment programme will move in an objective manner to not only improve government revenue but also optimise performance of businesses.

Also the focus in the Budget on the rural economy is important because more than 65 per cent of Indians reside in the countryside. The attention in the Budget on initiatives related to infrastructure: road, water, electricity in rural India are positive markers for both ease of doing business and ease of life for farmers in rural India.

(The writer is Chairman & Sr Managing Director - DCM Shriram Ltd & Past President, CII. The views expressed are personal)

--IANS

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