The single-tax regime in India ushered in additional cost pressure on real estate.
The healthcare sector is poised for an eventful 2018, as medical and pharmaceutical firms await key policy announcements.
The infrastructure sector expects continued thrust from the government towards revival of investment cycle in the form of further increase in budgetary allocations towards infrastructure sector with focus on roads, railways and urban infrastructure.
Government will continue to keep emphasis for the growth of agriculture, focus more on the market reforms and to ensure that the farmers get a better price for the produce.
Indian government has launched various key initiatives like Invest India, Make In India, clean India, digital India, e-visa, visa on arrival, Atitihi Devo Bhava, Incredible India and various other programs which has helped the hospitality industry of India in attracting more international tourists.
The Budget is coming at the time when the economy is going through a slowdown because of structural reforms such as demonetisation and implementation of the goods and services tax or GST.
The Fintech industry has helped make digital payments a day-to-day reality in India, developing the most evolved digital payments system among countries including the UK, China, and Japan, according to a report by FIS, the US-based banking technology provider.
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