Himani Bhandari
New Delhi, February 1-Vipul Tuli, Managing Director Semmcorp Energy India Ltd. and FICCI Chairperson of Power Committee on Union Budget 2020-21.
A lot of sector-specific initiatives have actually moved outside the budget. The budget can remove barriers to the capital coming in which they have done qute well. For instance infrastructure and power sector they have removed dividend distribution tax, they have given some centres funds and increased cap on foreign portfolio investors corporate bonds.