Budget view: Fiscal Prudence and Infrastructure Focus from Mini Nair, Chief Financial Officer, Geojit Financial Services

01-02-2024 02:56 PM | Source: Geojit Financial Services Ltd

Budget view: Fiscal Prudence and Infrastructure Focus from Mini Nair, Chief Financial Officer, Geojit Financial Services

News By Tags | #InfrastructureSector #GeojitFinancialServicesLtd #BudgetExpertView #MiniNair

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Below the quote on Fiscal Prudence and focus on Infrastructure from Mini Nair, Chief Financial Officer, Geojit Financial Services

"Biggest strength of this budget is the fact that the fiscal deficit is set @5.1% which is significantly lower than expected. Also maintaining the focus on infrastructure development and capex is a positive factor. Plan to focus on the Rural housing program will have multiple constructive effects on the economy as many ancillary industries are linked to housing. Another positive factor is allocation of 1 lakh cr for R&D and innovation. Overall, this demonstrates continued focus on fiscal consolidation and Macro-economic development."

Above views are of the author and not of the website kindly read disclaimer

IGI Logo

Budget view: Fiscal Prudence and Infrastructure Focus from Mini Nair, Chief Financial Officer, Geojit Financial Services

Top News

Tag News

More News