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Enablers in Budget will perk up economy: FDCI chairman Sunil Sethi

"It is exciting to know about the encouragement to states for setting up Unity Malls for the further promotion and sale of One District One Product scheme, GI and handicraft products"

Sunil Sethi
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Sunil Sethi, chairman, Fashion Design Council of India

Sunil Sethi
Will this Budget help the economy and allow India to stay ahead of global challenges?

This Budget is a good attempt at carrying forward the good work and the direction that India has been moving in over the last few years. The major determinants of economic growth are capital formation and technology, triggered by a well-developed human resource. The huge domestic demand should go up with tax rate tweaks. The ease of doing business is being further improved with PAN being made a common identifier and massive government capex being budgeted. I feel that India will continue to remain ahead