ItzCash MD - Naveen Surya on Budget 2016-17

"The Finance Minister has managed to carve out a well-balanced budget proposition with a good spread of focus across major sectors while addressing issues of business and economic relevance. The 9-pillar approach lays specific focus on industry sectors while slicing out timely and feasible objectives with clarity for execution.

The current budget lays tremendous focus on rural development and resource mobilization for the rural economy while endorsing technology as a key platform for ensuring accountability and ease of operations.

Moreover the digital literacy scheme proposed to cover 6 crore additional rural households comes in as a very welcome move. Targeting more than 70% of the country's population and enhancing digital literacy in this segment will ensure deeper penetration of the digital platform in rural India while driving the macro scheme of 'Digital India and Digital Money' with a renewed vigor."

Source : Equity Bulls

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