Rolled on the lines of crop insurance, health insurance can be an elegant cost-effective solution to one of the biggest worries for any household. Besides this, the continued focus on jobs along with the earlier announced reduction in GST of most household consumption goods augurs well for consumption theme for Bharat. Corporate India has surplus capacities in many sectors, also in a few cases most of the value addition was happening outside India earlier. This move will signal long term players to move from a trading model to a manufacturing model. The other big sentimental negative is the introduction of long term capital gains tax (LTCG) on equities, the only solace being that investments till January 31, 2018 are grandfathered.

Source: The Hindu February 01, 2018 16:18 UTC