The Union Budget is India’s most awaited, and often the most debated, policy announcement. Industry leaders and economics experts lay threadbare the provisions and their likely impact, live on television channels. Stock-markets respond immediately and everyone tries to figure out what the budgetary proposals would translate to. Later, as the dust settles, some finer points emerge and new revelations pop up, often with a better understanding. For a closer understanding of the budget, one must look at the vision government shares, in addition to the financials. Let’s take a look at 5 statements that we think are key to Union Budget 2018. The top 5 policy statements in the Union Budget and what they mean for industry The early lines pretty much sum the vision of the Union Budget 2018: “focus on strengthening agriculture and rural economy (and) infrastructure creation.” Implications: The government is betting big time on agri-based businesses and is willing t