Economy Union Budget 2019 well thought out and addresses most sectors, writes EY India's Rajiv Chugh Updated : July 05, 2019 06:13 PM IST The proposal to rationalize the archaic labour laws into four labour codes is commendable and shows the intention of the government to promote labor and youth welfare. The government’s initiative to tap external savings in external currency will ease pressure on domestic savings and interest rates. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.