Budget 2016-17 is for traditional Bharat to transform into modern India: Muthoot Finance
"The current budget propels on the strong macro environment like rural push, infrastructure development, power and digital India. The government has focused on key social spending like education and healthcare thereby improving the quality of life of lower income group. So in all the budget aims at inclusive growth with its reforms, generate employment and support the bottom of the pyramid entrepreneurs," said Muthoot.
"The environment of easy lending and easy access to credit through setting up of MUDRA and PMMY will drive the rural entrepreneurship and growth of MSMEs,” he said.
Union Finance Minister Arun Jaitley on Monday presented the Union Budget 2016 focusing on rural development and farm and social sector along with infrastructure with analysts terming it a pro-poor, pro-agriculture move that throws a challenge to the government to implement in reality.
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