Sectoral expectations from Union Budget 2013

The Union Budget for the year 2013 is round the corner. This year’s Budget is very critical for the Indian markets and the economy as a whole as the Finance Minister is likely to chalk out steps towards fiscal consolidation and policy measures to kick start activities in the infra space. Also, road map for several economic reforms which are touted as game changers for India like GST, DTC, land acquisition bill, FDI in insurance and pension is expected.