MUMBAI: Bloomberg TV India, nation’s leading English business news channel has always taken a step ahead in setting the pace by providing niche content that matter the most to its viewers. As a part of the comprehensive Budget programming for 2014, the channel has launched Leader’s Speak – a vignette series which captures the expectations of key decision makers from the union budget 2014.
Bloomberg TV India COO Lavneesh Gupta said,” The theme of the budget programming ‘Will They Walk The Talk?’ feels the pulse and the anticipation of all the key decision makers who are looking forward with huge expectations from the union budget 2014. Through Leader’s Speak we will reach out to the key influencers across the industry and capture their budget wish list and create a platform to voice their expectations to the new government. Our comprehensive budget programming reiterates its commitment to provide a holistic perspective of critical budget announcements that affects every aspect of our economy.”
As a part of the budget special programming, Leader’s Speak captures the expectations of key decision makers across the industry from Budget 2014, as they reveal their unique perspectives on the challenges and demands of the core sectors. Through the series, industry stalwarts like BSE MD and CEO Ashish Kumar Chauhan, Bharti AXA Life Insurance CEO Sandeep Ghosh, UTI Mutual Funds MD Leo Puri, Reliance Mutual Fund CEO Sundeep Sikka, Indian Overseas Bank CMD M Narendra, Reliance Life Insurance CEO Anup Rau and many more have shared their expectations from Union Budget 2014.
Leader’s Speak will be aired through the day on Bloomberg TV India across the pre-budget phase. Speaking on the budget expectations on show,Chauhan said, “From stock market side, we think it is very important to worry about the securities transaction tax and rationalize it, if not remove it, and basically get the IPO market in good shape. I think the IPO market can play a big role in getting good number of jobs and also raising India’s growth by a few percentage points.”
Ghosh said, “There is an expectation of the industry that the new government will seek to increase the FDI from 26 per cent to 49 per cent. This will not only lead to significant investments coming into the sector, but it will also send a very strong message to the international investor community about the seriousness of the government with respect to liberalizing across sectors, and not necessarily only insurance sector.”
Puri said, “If disinvestment program is announced by the government that will provide a boost to the new insurance activity. So, disinvestment and recapitalisation of public sector banks will be helpful for the growth of the market.”
To know the expectation of Industry leaders from Budget 2014 watch Leader’s Speak, as they share their wish list, exclusively on Bloomberg TV India.