Post Budget 2019 Reaction by Mr. Vikas Khanvelkar , M.D, DesignTech Systems Ltd.
Budget has big focus on Social Causes like Water for every Household, Education, Healthcare and Affordable Housing.
It provides relief to lower middle class by providing Rs. 5 Lakh limit for Income Tax. Higher Deductions on Housing loan interest will boost demand for housing and is a better for Realty Sector.
Rs. 70,000 Cr. Bank recapitalisation will improve liquidity for fund availability and Large Infrastructure Investments will give boost to Economy and lead to Job creation.
Overall very Good Budget for majority of people.