2025-02-02 04:22:29 pm | Source: Piramal Finance
Quote on MSME Consumption by Jairam Sridharan, MD, Piramal Finance
Below the Quote on MSME Consumption by Jairam Sridharan, MD, Piramal Finance
For the past few years, the Government has been the main actor in driving GDP growth. This budget is an invitation from the government - for private consumption and MSME sector to step forward and take a lead. A prudent borrowing plan for next year, contained spending and adherence to fiscal discipline offers space to fast track a change in monetary policy stance. So overall - the budget lays the groundwork for a rate cut cycle to start, and offers mechanisms for consumption and private sector growth to pick up.
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