India Union Budget 2015 - Great Expectations

India’s Union Budget 2015: Great Expectations

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Urmi Estate, 14th floor, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai 400013

T: +91 (22) 33557500

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Urmi Estate, 14th floor, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai 400013

T: +91 (22) 33557500

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Urmi Estate, 14th floor, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai 400013

T: +91 (22) 33557500

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 

Urmi Estate, 14th floor, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai 400013

T: +91 (22) 33557500

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 

Urmi Estate, 14th floor, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai 400013

T: +91 (22) 33557500

 

Urmi Estate, 14th floor, 95, Ganpatrao Kadam Marg, Lower Parel (West), Mumbai 400013

T: +91 (22) 33557500

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India Union Budget 2015 - Great Expectations

Published on Feb 24, 2015

MSL Global

As India’s Finance Minister Arun Jaitley prepares to present his second Union Budget on February 28, nearly every macro-economic indicator is favourable – inflation is down, so is the current account deficit. Crude oil prices have bounced back after a historic fall, but they are still at comfortable levels. Foreign exchange reserves are at a peak and foreign investors are propelling stock markets to new levels. While tax and excise collections are expected to be lower and the Index of Industrial Production is depressed, there couldn’t be a better time to expedite the reforms process. The Modi government, which rode to power on a wave of hope, has not done enough, critics point out. So, what does industry expect from the Union Budget? What can Jaitley and Modi do to live up to the high expectations? We ask a few tough questions, and attempt the tougher answers. For more information or feedback connect with our India team @MSLGROUP_India or reach out to us on Twitter @msl_group.

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