The government has spelled out its priorities very clear - Mr.Nish Bhatt, Millwood Kane International
By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International - an Investment consulting firm
“The government has spelled out its priorities very clear. The higher capex and thrust on infra are required to keep the growth rate high. Though there may be some concerns on a higher deficit, that is entirely for the development of key infra projects. The Make in India thrust along with a focus on infra will create the required number of new jobs for various age brackets.
Rs 48,000 cr allocation to build 80 lakh affordable homes is a big booster for the real estate sector. The focus on EV charging infra and urban planning will complement real estate further.
Robust execution of the budget plans, no further COVID waves, and crude trading in a favorable range will be key to the market and economy going forward.”
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