02-02-2023 09:24 AM | Source: PR Agency
Post Budget Commentary : This budget is a Bahubali budget Says Nilesh Shah, Kotak Mahindra Asset Management Company
Below is quote on Monetary Policy by Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company
“This budget is a Bahubali budget. With one arrow multiple targets are shot. Fiscal prudence is achieved with lower deficit and path set till FY 26. Consumption is supported through tax cuts. Investment outlay is enhanced. No’s are realistic or conservative to enhance the credibility.
The budget could have focussed more on asset monetisation but that can be pursued otherwise also depending upon market conditions .
Net net a Bahubali budget”
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