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View: India poised for a faster V-shaped recovery with a decisive Budget

image This is one of the best Budgets in recent times and the much needed recovery in the economy will get momentum with these decisive sets of reforms.

The Budget provides for significant increase in the outlay for capital expenditure, infrastructure, healthcare that is all funded by debt. This is basically like quantitative easing. The 11% growth in gross domestic product looks pretty achievable with these kinds of budgetary provisions.

Read more at:
https://economictimes.indiatimes.com/markets/stocks/news/view-india-poised-for-a-faster-v-shaped-recovery-with-a-decisive-budget/articleshow/80637008.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst.........................ET

02-Feb-2021