Investors India
Investors India

Investors India

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Budget Presents Myriad Opportunities in India’s Booming Economy

Presented amid the scenario of future global uncertainties and present domestic after effects of demonetization, the budget 2017 is a full package of Financial Bonanza. This year’s budget is progressive and objective and is an apparent example of government’s willingness to carry on with its positive reforms to achieve stability. It offers incredible scope of reaching macro-economic stability by creating a sustainable platform for growth through root-level development. By including all the three-dimensions of development facets; i.e. Rural, Urban and the Youth, in the annual budget, the Government has propelled nation’s economic engines that will conjoin to surge rate of GDP.

With the unification of General and Railway Budget, government has opened-up route for a coordinated multi-modal transport strategy for the country by addressing road, railways and airways on the same platform. Also, we are aware that the real estate sector contributes about five to six per cent of the GDP due to its attribute of striking all-round development. The budget has imparted highest ever allocation to infrastructure that will generate demand for upstream and downstream sectors and subsequently lead to job-creation and product manufacturing.

Overall, we can say that the finance minister hasn’t left a single aspect untouched and has emphasized all the challenges in the economy such as better management of the agro-based economy, comprehensive measures for underprivileged, better infrastructure building, ample opportunities of job-creation for the youth by access to education and skills. It is commendable that the government is focused to continue with its reform agenda to make India a digital and cashless economy.

Still half remains undone, the climax of the budget will come when GST will kick-off.  It is expected that the economy will rebound back to growth due to lower interest regimes. This month’s Investors India is dedicated to provide thorough information of Union Budget 2017 and will help you make better investment decisions by clearing all your post-budget doubts. Also, find our exclusive story on the implications of Budget announcements on Real Estate. Don’t Forget to go through our Lifestyle Section and know more about the uniqueness and exceptional abilities of your Liver and find out the ways you can keep it healthy.

GST: Freedom from Archaic Laws

 

Recently, we accomplished the silver jubilee of our economic liberalization. Year 1991 was the year reforms, a year of inception, when we unbridled our economy of restraint.

With GST Bill we are on our way to re-write the fate of prevailing archaic laws. The GST will perhaps be the single most important reform stimulus since 1991-92. If the bill is passed, 2016 will witness transformation in the Indian Economy.

It will help create a unified market, which would enable seamless movement of goods across states and simultaneously boost production. And therefore, put India’s fiscal system on the cutting edge of the world market economies. 2016 will witness transformation in the Indian Economy.

 

The world is undergoing turbulences, one after another, but India, however, appears to be much better placed. The dependence on domestic markets is the core reason of being safer but reforms in financial sector by the government and large forex reserves provides additional cushion against any internal and external market volatility.

This month, Investors India presents our readers with International Mutual Funds, a way to diversify a part of your portfolio, globally. The Cover Story of the month will reveal the methods you should follow to achieve complete financial freedom by effortlessly meeting your financial goals. Furthermore, you can also make your health better with tips on healthy liver in our section: Lifestyle Planning. 

 

 

Wishing You Prosperity!