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    ISAS Insights

    Detailed perspectives on developments in South Asia​​

    314: India Budget 2016 and the Indian Economy

    Deeparghya Mukherjee

    11 February 2016

    India's Union Budget 2016 has been criticised for lacking big bang reforms, or not actively promoting industries and, instead, being largely pro-rural and agricultural sectors. This paper throws light on some aspects of the budget which are small steps towards improving the business climate of the country, keeping in mind the constraints, advantages and vision of the present Union Government. The major points presented here are largely derived from a panel discussion organised by the Institute ofSouth Asian Studies (ISAS) in Singapore on 3 March, 2016. The panellists were Mr Vinod Rai, Dr Jehangir Aziz, Mr Rohan Solapurkar, Mr Vikram Khanna and Dr Amitendu Palit.