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Below is Post Budget Comment By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance

“The Budget has a clear progressive intent via the 7 Priorities of Budget 2023 as India enters into ‘Amrit Kaal’.  The priorities  reinforce the  support to government’s 'Aatmanirbharta' mission, by focusing on Inclusive development, Youth Power, Infrastructure and investment, Financial Sector, and women empowerment.

The raise in CAPEX by 33% is promising news as it accelerates the infrastructural development which will spur further growth in the Real Estate sector. Allocation of ?79,000crs towards Pradhan Mantri Awas Yojana (PMAY) serves well for the ‘Housing for All’ mission.  n which will certainly boost consumption. Overall,  Budget exudes great optimism to set the stage for very good economic growth.”

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