Wed, Feb 01, 2017
The days leading up to the budget had many speculations of ‘rural stimulus’ which analysts said would drive consumption demand as it constitutes 40-50% of FMCG sectors’ demands. Analysts and industry expert views have been captured in this article over the various rural incentives provided by the government.
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“The thrust on affordable housing is timely and represents a significant step forward in the government’s programme of providing shelter to all.
“Budget 2017 is notable first for the fact that the government has maintained fiscal discipline and resisting the urge to come up with a populist budget given the upcoming elections in a number of states. So, this is not a ‘political’ budget, which was a big fear."
Increased focus on infrastructure especially construction of new roads, improvement of existing roads and coastal connectivity will go a long way to benefit the real estate sector.
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![“The thrust on affordable housing is timely"](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/02/01/13820-mr-anand-natarajan2c-managing-director2c-grihashakti-fullerton-india-home-finance-company-limited.jpg?itok=OLefLYkS&c=de051cf9792a2c8581d4df8112e4c8dc "“The thrust on affordable housing is timely"")
!["This has been one of the path breaking budgets"](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/02/01/13813-shishir-baijal-knight-frank.jpg?itok=_cNx6MlZ&c=2c0dd64f38579ed9dd428ccb05e9e0a9 ""This has been one of the path breaking budgets"")