To boost economy, they have to provide good job for educated people. People with less income are not going to buy expensive things like Cars, Flat, Gadgets. How can they pay EMI or Loans? Merging public sector banks is not enough. They also have to reduce direct taxes. Demonetisation is not actually helping.
They are good only for these fancy advertising. Only words these days and no actions. Really many employees from automobile are going to suffer.
Also I was really shocked on hearing closing of Ville Parle, one of 90s kids fav biscuit business plant closing.
They should reduce GST on 4/2 Wheelers.
Bikes prices already skyrocketed after mandatory ABS fitting and after the BS6 regulation now all bikes prices will rise another 6-10k. So worst day ahead for 2 Wheeler market.