For India's export community, there has been a delay in grant of refunds pertaining to Integrated Goods and Services Tax (IGST) paid on goods exported out of India and Input Tax credit (ITC) on exports.
"Big data is the future and we need to use it. There is so much untapped big data that the cinematic medium can explore and consume, that the role of the actor will diminish," he said.
"The government is responding well to its responsibilities. It is at the same time an industrial responsibility to introspect and adhere to an agenda of doing ethical business," he said.
Hastings said that in this context, India is a prominent market for Netflix at the moment.
Small businesses or SMEs suffer from what is called as a 'thin-file' where the information available is not enough to come up with a lending decision.
Stating that Indian SMEs were not growing Rajiv Kumar, Vice Chairman, NITI Aayog said the Government is keen to correct that, "We will soon launch the Indian equivalent of the Small Business Innovation Research (SBIR) programme that the US has," said Kumar.
Budget 2018: Exports important to drive economic growth, agri-exports could increase to $100 billion
The Minister stressed that India's agri-exports could increase up to $100 billion as opposed to the current $30 billion.
Finance Minister Arun Jaitley announced the National Health Policy Scheme (NHPS) that will now cover 10 crore poor people and vulnerable families, providing them Rs 5 lakh per annum.
FDI in retail continues to be a bone of contention in certain ways. While FDI in multi-brand retail has been seen in general as a welcome step, there are issues against FDI in single brand retail on the other hand.
Contributing 32% to the country's Gross Value Added (GVA), MSMEs also pave the way for industrialisation in rural and backward areas.
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