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Key lies in implementation of the plans: Pankaj Krishna, Chrome Data Analytics & Media

The plans laid out in the budget for fiscal 2016/17 are pretty ambitious, which I believe a big positive - however the key lies in implementation.

Pankaj Krishna        Last Updated: March 1, 2016  | 11:28 IST
Pankaj Krishna, Founder & CEO, Chrome Data Analytics & Media

The plans laid out in the budget for fiscal 2016/17 are pretty ambitious, which I believe a big positive - however the key lies in implementation.

The fiscal deficit target that was set out in the previous budget has been met, which is another big positive.

Long-term capital gains tax has not been tinkered with which should be good for the stock market.

One of the negative that I see is  - only Rs 35,000 crore has been set aside for PSU banks recapitalisation, this could have been upwards of at least Rs 60,000 to Rs 70,000 crore.

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