Post Budget Analysis : The budget remains focused on long-term economic growth Says Motilal Oswal, Motilal Oswal Financial Services
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Below is Perspective on Union Budget 2023 by Mr. Motilal Oswal, MD & CEO, Motilal Oswal Financial Services
The budget remains focused on long-term economic growth through capex and sops to boost consumption for the middle-income group. This would support strong corporate earnings with positive bias for sectors like infra, housing, cement, cap goods, auto and tourism. Despite upcoming state elections, the government did not deliver a populist budget and tried to maintain fiscal prudence.
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