As per India Budget, more train bogis will be converted into Vande Bharat train range, 2 Crore houses are planned, rooftop solar will be provided for 1 crore houses
India FM Nirmala Sitaram presented India budget which is vote on account budget. As it is not full budget, it remained as non event stock markets perspective. Neither positive surprises nor negative surprises.
No changes in corporate taxes and personal taxes.
Mainly the intention of India FM is to improve:
Logistics of India : Costs to be reduced going forward by establishing energy corridor, cement corridor etc.
Railway infrastructure : To step up railway infrastructure. She wants to convert Rail compartments to the range of Vande Bharat.
1 Crore Roof Solar panels to be arranged.
2 Crore houses to be planned for poor people.
India FM wants to spend to enhance India tourism experience.
Anyways this is Vote on Account budget. Just it will have plan for next 3 months related budget.
But here intention is important to understand. In 2024 also there is high probability that India PM Modi will be prime minister and with more seats when compared with 2019 elections.
Main capability of India PM Modi is he knows where to deploy which type of right candidate? Then monitor the progress of work.
His selection is right candidates in his team is key secret for his success:
Nirmala Sitaraman : Perfect in planning India economy.
Amit Shah : India Home Minister. Of course he is the master planner of BJP and 2nd biggest head in BJP Party post India PM Modi. The most brilliant guy in BJP party and a good strategist. His strategies and forecast capabilities are extraordinary. A powerful candidate. Speak less and implements more.
Jaishankar : Recently he succeeded to keep India thoughts and stand in clear cut way before the World and one of most applauded persons. MBA candidates can learn communication skills by seeing his interviews. Apt to the point and hitting always right nail even hundreds of questions were kept.
Nitin Gadkari : Highly developed highways will tell about him and no special introduction needed.
Yogi Adityanath : When UP is won for first time UP CM Yogi Adityanath name is not in media reports related to UP CM race. But Yogi was made UP CM. Then people chose him again as UP CM for 2nd time because of his good administration as UP CM. Again a right candidate as CM for India's biggest state UP.
Like this list will go on how India PM Modi deployed right candidates and it helped India growth.
PSU companies growth indicates, corruption reduced in India during Modi era. What additional big proof needed rather than showing PSU companies growing in good way during Modi Government in India.