Comment on Budget by Mr Sandeep Bagla, CEO TRUST Mutual Fund
Below the Comment on Budget by Mr Sandeep Bagla, CEO TRUST Mutual Fund
"In the Budget announcements today, the fiscal deficit stands reduced to 4.9%, but the financing of the deficit through Government securities remains largely unreduced. The increase in capital gains for listed securities increases Government's share in future capital gains. In order to ensure the sustainability of future growth, I was watching out for any measures that free up factors of production like reforms in land, capital, labour, technology. Probably, the strategic measures to free up inputs would be announced gradually in the future as these are essential for the growth rates to increase or even sustain in the coming year"
Above views are of the author and not of the website kindly read disclaimer
Tag News
Post budget announcement on Insurance and Investment Banking Sector by Mr. Sharad Mathur, Ma...
More News
Quote on Pre-Budget Expectation by Mr. Manish Mehan, CEO and MD of TK Elevator India
