The Leaning Curve

The Leaning Curve
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Sectors What they are seeking Will it happen? 

Aviation State govts to reduce VAT and sales tax on ATF; lower parking, navigation and landing costs Unclear. Reduction in state taxes up to the state govts. So far no signs of reduction in allied costs. 
Banking, MFs, NBFCs Ease liquidity; reasonable rates of funding for mutual funds and NBFCs Some measures in place. No response yet to demand for credit at accessible rates.
Real estate builders Cheaper and easier credit along with greater govt spend on infrastructure projects Some talk on relaxing lending norms for housing projects/loans, push for infrastructure likely
Micro, small, medium firms Govt help for cheaper and better credit facilities, moratorium on loan repayments for one year More funds for SIDBI to ease credit crunch; high rates and perceived risks remain a deterrent
Textiles, leather, steel, electronics, auto, cement Corrections in duty structures and incentives to protect domestic units and boost exports  Some relief in the offing to offset global and domestic slowdown impact
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