Sharing his views on expectations from Union Budget 2009-10, Balasubramaniam, CIO, Birla Sun Life Mutual Fund said, "We expect that the budget may bring some positive news to boost the economic growth through measures like change of duty structure for Power and Power equipments sectors, extension of STPI benefit for IT sector, relaxation of FDI norms in Insurance, Aviation and Media, News and Print ."

"We also feel that the budget will give a special thrust towards housing sectors. It may extend 80IA benefit for infrastructure sector and also plan for aggressive fund raising program through divestment of stakes in PSUs."