Post Budget Reactions From The Financial Top Guns Of India


Innovative schemes of monetizing Gold, preventing leakages and corruption with direct transfer and Digital India initiatives, the ultra-mega power projects for the commitment  of 24/7 power, support of the startup ecosystem, the scheme for the alternative energy development and the direction towards GST are the steps in the right direction.”

According to Mr Naveen Surya, MD, Itzcash, “We firmly endorse and support the Government’s initiatives to empower a less-cash society through JAM (Jan Dhan Yojana-Aadhar and Mobile) route. The Payments Bank revolution, now being spearheaded by the proposed transformation of the Postal Offices will further widen the market for payment solutions, thereby enabling players such as us to play a constructive role in fostering financial inclusion in the country. We also welcome incentives for transactions done electronically with debit/credit and other cards.”

According to P.N. Vasudevan, Managing Director, Equitas Holdings, "The unaddressed gap:  Long term Housing Finance Loans for 7-15 year”.

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