KM Birla thinks budget 2016 needs to reboot infrastructure

Budget 2016 is less than a month away, and for Finance Minister Arun Jaitley, the road ahead, to redefine India's infrastructure, has become tougher.

"There are businesses that we have been in and the investments we are talking about are strategic investments. Idea for example will launch even more aggressively its 4G service. Our retail business will continue to aggressively expand so it is not so dependent on what is happening in the global economy. I think that the government needs to focus on infrastructure and I am hoping that coming Budget will accelerate very significantly the allocation for urban infrastructure," KM Birla, chairman of Aditya Birla Group, told ET.

While the Railway Budget comes out on February 25, the Eco Survey would be presented on February 26 and Union Budget on February 29.