Union Budget has given out positive signal in multiple directions

Zoya Brar, MD,Founder - Core Diagnostics

"The Union Budget has given out a positive signal in multiple directions, especially with its undertone of boosting economy by putting it on a definite path of reforms, improving start-up eco systems and putting the right thrusts on healthcare and rural economy. On a macroscopic level, even wider policy announcements such as the Finance Minister's statement that India will not resort to retrospective taxation in future can send out very a positive message globally.

As a start-up founder myself, I am very pleased to see the announcement of tax exemptions to start ups as well as the overall policy thrust on making life easier for entrepreneurs. There is recognition in this budget of the importance of successful entrepreneurs to boost the economy and create jobs. On the healthcare front, the announcement of district dialysis centres is very very beneficial for the thousands of people struggling with kidney disease. Improving supply of drugs by setting up 3500 drug stores will also help the healthcare sector, says Zoya Brar, MD,Founder,Core Diagnostics.

Source : Equity Bulls

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