Positive balanced budget, says Bajaj Finserv MD

“Positive balanced budget - focus on investment, growth and security with a clear roadmap for coming years. The increased allocation to infrastructure, including rural infrastructure, lowering of fiscal and revenue deficits, the proposed graduated reduction in corporate tax rates, deferment of GAAR by two years and abolition of wealth tax are significant initiatives which, I feel, set the base for regaining the growth momentum,” says Sanjiv Bajaj , MD, Bajaj Finserv.