Commendable job by focus on infra dev: RICS

Backed by strong economic growth and impressive fiscal consolidation, the Royal Institution of Chartered Surveyors (RICS) believes that the finance minister has done a commendable job by continuing the focus on infrastructure development, which has been a key contributor to the inclusive growth in the country. The budget has touched on all pertinent matters – the need for higher attention to rural development; steps to encourage inflow and channelization of domestic and foreign capital; administrative and regulatory reforms including simplification of taxation; incentives for housing for rural and urban poor; initiatives for skill development; and incentivising use of green products, among many others.