to the private players and the government can itself carry out the new projects.
Anup Bagchi called for recycling of capital while Sanjay Nayyar said that domestic investors need to be encouraged to participate in the markets. There were even proposals to bring down the time taken to conclude an IPO.
‘No sops in first Budget’
Finance minister Arun Jaitley has said the first Budget of the BJP-led government will not cater to populist measures. “It is better that in the first few days we avoid transient or temporary steps and instead make ourselves more comfortable some years later,” he said at a book release function held at the Prime Minister’s residence on Sunday.