 "'GST, DTC game-changers, Budget 2012 must ensure passage'")
With just four days to the Budget, India Inc does not have strong expectations from it but hopes that Budget 2012 will once again restore confidence among global investors by pushing through reforms and ensuring that India is serious about the reform process.
In an Interview with CNN-IBN, Infosys Technologies Chief Financial Officer V Balakrishnan suggests that the number one priority for the government must be to engage in confidence building. He said that the government must look at other measures to make sure India gets back on its growth path.
“Some reforms like DTC ( direct tax code), Companies Bill and GST( goods and services tax), which are game changers for the country, are stuck at some level and need to be passed,” he said.
His expectations from the budget: An aspirational budget aimed at ensuring the right investment in the short-term which would reassure global investors and ensure sustained growth levels in the long term.
Watch video: Budget must reassure global investors: Infosys CFO
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