Grand plans, but execution is the key
The Union Budget for 2018-19, presented by Finance Minister Arun Jaitley, has scores of grand plans which will certainly help the targeted groups and nudge the economy towards higher growth path. However, the big question is: Their implementation may be hindered with leakages and delays.
Projects Today welcomes the resolve of the Finance Minister to maintain momentum of the public sector project spending. The 20.8 percent increase in the capital outlay for various infrastructure projects, launch of National Health Insurance scheme, MSP to farmers at 1.5 percent of the cost of production and housing for all are expected not only to generate more jobs, but also increase rural demand for consumer goods, which in turn will help the Indian corporate world, waiting for revival in domestic demand.