Below is Post Budget Comment By Shri Ashish Kumar Chauhan, MD& CEO, NSE
“This is a growth-oriented budget, one of the best in years, with a focus on both infrastructure and job creation, while reducing income tax for pretty much everyone, and lots of money to states. The fiscal deficit has been reduced from 6.4% to 5.9% of GDP, with a clear path to reach 4.5% in next three years. The focus on infrastructure, as seen in the rising capex outlay from Rs7.5lakh crore to Rs10 lakh cro...
Post Budget Analysis : Growth-oriented budget, one of the best in years Says Ashish Kumar Chauhan, NSE
Below is Post Budget Reaction From Shri Devesh Srivastava, CMD, General Insurance Corporation of India (GIC Re)
“In today’s Parliament, our Hon Finance Minister has delivered a holistic and futuristic Budget ensuring the strengthening of our Economy. Saptrishi, the 7 priorities of Budget 2023 are in support of the government’s 'Aatmanirbharta' mission, focusing on Inclusive development, Youth Power, Infrastructure and investment, Financial Sector, and wo...
Post Budget Reaction : holistic and futuristic Budget ensuring the strengthening of Economy Says Devesh Srivastava, General Insurance Corporation of India
Below are Views On Post Budget Reaction By Mr . Ramesh Nair, CEO, India and Market Development, Asia, Colliers
"The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure, technology, and inclusive development. At the same time, the budget throws open the doors for increased consumption and capital investment, to drive growth. The capital outlay for infrastructure at INR10 lakh crore, or 3.3% of GDP is significant as it...
Post Budget Reaction :The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure Says Mr. Ramesh Nair, Colliers
Below is Perspective on Ms. Madhavi Arora, Lead Economist - Emkay Global Financial Service
“The budget has ensured, the fiscal impulse is maximized to improve potential growth, while signalling adherence to medium-term fiscal sustainability. This requires continued financial sector reforms, better resource allocation. Expenditure focus has been on rural, welfare, infrastructure, PLIs, and energy transition. Capex spend has picked up significantly to 3.3% of GDP and is almost dou...
Perspective on Union Budget : `The budget has ensured, the fiscal impulse is maximized to improve potential growth Says Ms. Madhavi Arora, Lead Economist - Emkay Global Financial Service
Below is Post Budget Comment By Chirag Mehta, CIO, Quantum AMC
As expected, the budget is heavy on Capex (at 10 lakh crore, increase of 37% from FY23 revised estimates) which is needed to ensure the cyclical recovery continues. Infra (railways 2.4 lakh crore, 50 new airports and clean energy 35,000 crores) along with the Agri push will help the rural economy improve by boosting employment and incomes. Allocation to affordable housing of 79,000 crores, increase of 66%, will also h...
Post Budget Comment : Agri push will help the rural economy improve by boosting employment and incomes Says Chirag Mehta, Quantum AMC
