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Senior leadership comments on the Union Budget 2018-19

February 01, 2018

The budget clearly displays that post demonetisation, GST implementation and bank recapitalisation, the economy will witness an 8% growth trajectory and buoyant tax collections. The stress is towards recharging the rural economy by shoring up infrastructure, ensuring livelihood, doubling farm income and increasing Agri exports. 

On the infra side, large spends are being done this year: Rs 14.3 lakh crore on rural infrastructure, Rs 14.8 lakh crore on the Railways, and Rs 5.9 lakh crore on overall infra spends. These investments will provide impetus to growth, demand and employment generation.

- Mr Rajiv Agarwal, MD & CEO, Essar Ports 
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