India is moving counter to the global business cycle that could place it in an advantageous position once demand revives. Private investment is showing signs of a pick-up where domestic consumption is robust and other sectors are likely to join the party as the budget props up disposable incomes. Import duties have been tweaked for manufacturing exports that are being pushed through production incentives. Small enterprises that are yet to see an uptick in the investment cycle are in for a beneficial tax treatment. The finance minister has tried to cover all the bases for a revival in investment. It is now a matter of when, not if.
View: Sitharaman's announcements make a revival in investment look likelier than ever
Import duties have been tweaked for manufacturing exports that are being pushed through production incentives. Small enterprises that are yet to see an uptick in the investment cycle are in for a beneficial tax treatment. The finance minister has tried to cover all the bases for a revival in investment. It is now a matter of when, not if
India is moving counter to the global business cycle that could place it in an advantageous position once demand revives. Private investment is showing signs of a pick-up where domestic consumption is robust and other sectors are likely to join the party as the budget props up disposable incomes. Import duties have been tweaked for manufacturing exports that are being pushed through production incentives. Small enterprises that are yet to see an uptick in the investment cycle are in for a beneficial tax treatment. The finance minister has tried to cover all the bases for a revival in investment. It is now a matter of when, not if.