Post-budget 2018 Reaction Mr. Vikas Khanvelkar, Managing Director, DesignTech Systems Ltd.

M.D.-of-DesignTech-Systems-Vikas-KhanvelkarOverall budget is very rural focussed and has many schemes to support farmers and rural healthcare. It will not have much impact on urban population for them it is status quo.

Increasing the eligibility for 25 % corporate tax from Rs 50 Crs to 250 Crs is a good move for MSME industries in that bracket.

There are no special steps to grow the exports. How 15 % growth in exports will be achieved is not clear.

Creating employment should have been one of the thrust factors, but except big outlay in infrastructure projects which will lead to large employment creation, no other measures are taken to make up the employment deficit from other sectors. News Service

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