Further, regarding rural employment, the allocation of 34, 600 crores towards the MGNREGA programme will fuel in more employment and growth opportunities by utilising abundant skills that is available in the country. The setting up of AIIMS, IIT’s and IT hubs across several states will help address the huge demand for IT jobs in India. We also see that the increased investment in sectors such as manufacturing in Auto and defence equipment will open job avenues and steer economic growth & overall development.”

According to M.R Jaishankar, CMD, Brigade Group, “It is a good growth oriented budget, with special emphasis on infrastructure, Swacch Bharat, introduction of pension schemes, curbing black money & improving ease of doing business.

But as far as Housing industry is concerned, there is no special encouragement inspite of ‘Housing for All’ vision. To that extent for our industry, the budget is disappointing.”

According to Altaf Halde, Managing Director - South Asia, Kaspersky Lab, "Overall the budget is well structured.  The announcement regarding bridging the digital divide between the urban and rural India is a welcome move.  The announcement of allocating Rs 150 core to create world class IT hub in India under the Atal Innovation Mission is very encouraging.

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