Only few days are left for the Finance Minister to announce the Union Budget for 2016 and expectations are already running high. Pankaj Bansal, Co-Founder and CEO of PeopleStrong expects the budget will focus on development via the jobs route.
According to Bansal, a positive policy environment of attracting investment and job creation would go a long way in ensuring that the growth targets are met.
He said the government should back its schemes with increased reforms to translate the sentiments to numbers.
Bansal said the government needs to address the major issue of complex procedures and approvals by providing single-window clearances of projects and fixing due dates for closing each step of the different processes.
He suggested that government should reduce the complexities and vagueness in the tax framework.
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