July 10, 2014 2:35 PM

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Budget 2014 -'15 : Savings and investment incentives laudable says Rangarajan

Welcoming the budgetary proposals on increasing savings, former Chairman of the Prime Minister's Economic Advisory Council Dr C Rangarajan said a lot of incentives have been provided for savings and investment. He said the area needed attention in view of recent drop in household savings and financial assets. He said revenue targets set in the budget are optimistic. Dr Rangarajan added that there are a lot of things in the budget, which if implemented properly, will provide stimulus for private investment.

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