Budget 2014: Who Won And Who Lost!

BANGALORE: The Modi led government’s budget brought out the highs and lows of the country’s economic state and the first extensive plan to bring it back in order. The budget was a gift to many companies, a loss to other sectors, and left some unaffected by it. The budget has been hailed by many as the first steps to an economic revival, whereas others have criticized it for the lack of concern to certain sectors in the society.

The biggest winners of the budget are insurance companies like ICICI bank, HDFC banking services, SBI banks, which will benefit from the foreign investment inflow to the country. They can expect higher customer ventures with foreign partners.

The Real Estate sector is in for a huge profit benefitting from the proposals to provide incentives for setting up Real Estate investment trusts. Companies mainly in this domain are Unitech, DLF, Phoenix mills.

With the inflow of FDI from 26 percent to 49 percent in the defense, the sector will benefit the most. Allowing foreign players to take center stage will also indirectly profit investors and bankers.

Foreign retailers will have a smart market with the approval to use E-commerce to sell their products. This will give retailers like Nike, puma, and Adidas an edge with a wider profitable market.

The power sector will benefit from the budget with an increase in investments and also with freedom to the private companies that will play a major role. The proposal to bring electricity into every home will help investors bank their money in these projects. The RIL, Adani group and ONGC corporations will look to take these projects.