1. Extend tax exemption to small savings depositors
I would like this Budget to extend the benefit of tax exemption to small depositors. Those who make savings deposits or fixed deposits up to Rs 1 lakh should be exempt from tax.
2. Fund transfers under govt schemes should be time-bound
Move towards making cash transfers to poor under government schemes time-bound and sustainable in the long-run.
3. Design government schemes for poor that encourage enterprise-orientation
Linked to the earlier point, design schemes for the poor that encourage them to become enterprise-oriented or entrepreneurial.
Chandra Shekhar Ghosh is Chairman & Managing Director at Bandhan Financial Services Pvt Ltd
As told to E. Kumar Sharma