We need to reduce our fiscal deficit and more importantly oil deficit which is more than 1,50,000 crores. We can reduce the defence expenditure as the world in which we are living in is more secure than earlier. We need to allocate more budget towards generation of alternate form of energy..
as far as rail budget is concerned, we need to introduce more trains as well as invest more towards safety. we need to invest in high speed trains...our fastest train is rajdhani which is not fast as compared to other fast trains across the world..
this budget should bring some positive for the infrastructure companies. Currently, pipeline is weak and there has been cancellation in orders for some companies..., govt should provide some sops for these companies...
Infrastucture is the need of the hour....currently only 20,000 is allowed as tax exemption on infrastructure bonds. I think this should be increased to 50k or 1 lac to increase the investment in infrastructure..