Budget 2014:

Impact on Business & employment

By group 2
Tax:
High Level Committee to interact with trade and
industry on a regular basis and ascertain areas
where clarity in tax laws is required.
Clarity
Avoiding disputes and suits which last for long period

FDI:
FDI in selective sector.
Promoting domestic manufacturing
Job creation.
FDI in defence manufacturing and insurance sector
to raise from 26% to 49%
Improved technology. But fear of bringing in outdated
technology.
Reduction in outflow of huge foreign exchange.
Boost to manufacturing sector
Employment creation

The manufacturing units will be allowed to sell its products
through retail including E-commerce platforms without any
additional approval.




Bank Capitalization:
Infuse 2,40,000crore as equity by 2018 in public
sector banks (retail investors)
Increased permanent capital.
Improving infrastructure and employment.
Increased lending capability

Smart Cities:
Developing one hundred Smart Cities
Opportunity for construction business.
Employment opportunity

e-Visa
Facility of Electronic Travel Authorization (e-Visa)
would be introduced at nine airports in India.
Increased revenue of tourism sector (business tourism)
Security issues

Smart Cities:
Developing one hundred Smart Cities
Opportunity for construction business.
Employment opportunity

Bank Capitalization:
Infuse 2,40,000crore as equity by 2018 in public
sector banks (retail investors)
Increased permanent capital.
Improving infrastructure and employment.
Increased lending capability

Smart Cities:
Developing one hundred Smart Cities
Opportunity for construction business.
Employment opportunity