While the Fiscal deficit is seen at 3.9 per cent of GDP in 2015-16  , I would also appreciate the approach of   keeping  fiscal discipline in mind despite need for higher investment  .

Bringing in   a new bankruptcy code is a good move.  As also , creation of a universal social security system for   all Indians. Announcement of   insurance scheme with Rs 2 lakh cover for accidental death at a premium of just Rs 12 a year, a pension scheme where the government will contribute half the premium for five years are real sops for the poor and less privileged.

Measures towards unearthing and eradication of black money is most welcome in Economy like India. 

GST plays a transformative role in the whole of   our economic activities .It is heart warming   that we can expect implementation of   Goods and Services Tax by April 2016.I am sure this will definitely rejuvenate the industry.

As to Real Estates, the industry was keenly waiting to see kind of subsidies, measures or growth stimuli for making   the –“ house for all by 2022 “-a reality  and was looking for various incentives and initiatives at policy levels. I am sure FM will revisit the submissions of the real estate industry.

According to Somesh Chandra, Chief Operations Officer & Chief Quality Officer, Max Bupa, “The Union Budget 2015-16 is a breakthrough budget and sets pace for fast growth economic trajectory through a robust financial framework.

Read More: Monetary Policy To Now Target Inflation, To Be 6pct By Jan 2016