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What ever positive growth story we have seen in the country is without even revenues generated from the new initiatives, which is a good thing. This indicates that the country has potential which could not be utilised properly.
Examples New initiatives are:
1) land bill
2) payments bank
3) dedicated freight corridor
4) industrial corridor
Two big ticket items where govt has taken action are infrastructure spending and on electricity infrastructure . These two and many good policy interventions are responsible for the positive mood so far.
New initiatives are not expected to have an impact till 2018-19, until then govt has to focus on policies to create good economic atmosphere.
The actual good times will come from 2019 onwards.
Examples New initiatives are:
1) land bill
2) payments bank
3) dedicated freight corridor
4) industrial corridor
Two big ticket items where govt has taken action are infrastructure spending and on electricity infrastructure . These two and many good policy interventions are responsible for the positive mood so far.
New initiatives are not expected to have an impact till 2018-19, until then govt has to focus on policies to create good economic atmosphere.
The actual good times will come from 2019 onwards.