<p><strong>By George Alexander Muthoot</strong></p>.<p>“Budget 2020 plays the balancing act very well.</p>.<p>The enhancement of partial credit guarantee scheme for NBFCs is very encouraging for the sector as it addresses the liquidity issues. </p>.<p>The thrust to create huge employment opportunities can be seen in the budget. Increased focus on MSME sector through favorable policies, allocation of Rs. 30,757 crore for J&K and Rs. 5,958 crore for Ladakh will benefit small businesses.</p>.<p>The extended tax benefit for affordable housing will benefit the lower and middle income groups in the country thereby providing much needed booster for affordable housing projects.”</p>.<p><em>(The witer is the MD of Muthoot Finance)</em></p>
<p><strong>By George Alexander Muthoot</strong></p>.<p>“Budget 2020 plays the balancing act very well.</p>.<p>The enhancement of partial credit guarantee scheme for NBFCs is very encouraging for the sector as it addresses the liquidity issues. </p>.<p>The thrust to create huge employment opportunities can be seen in the budget. Increased focus on MSME sector through favorable policies, allocation of Rs. 30,757 crore for J&K and Rs. 5,958 crore for Ladakh will benefit small businesses.</p>.<p>The extended tax benefit for affordable housing will benefit the lower and middle income groups in the country thereby providing much needed booster for affordable housing projects.”</p>.<p><em>(The witer is the MD of Muthoot Finance)</em></p>