Home / Content / B2B Connect / Chemicals / Union Budget 2017-18: A carrot after a stick?

Union Budget 2017-18: A carrot after a stick?

Expectations are running high from the government based on the perceived gains of demonetisation

Premium

Shashank Khade, director, Entrust Family Office Investment Advisors

Last Updated : Jan 16 2017 | 4:45 PM IST

After demonetisation, the Government needs to stoke the economy back in action and galvanise consumers and corporates to induce a feel-good environment. While a sense of normalcy would return once restrictions around cash withdrawals are removed and steady state prevails, for the spenders in the economy to return to normalcy, government may need to provide for some degree of stimulation.

The Indian economy has been growing at a steady pace over the last few years with no major acceleration seen. The crux is to get the economy back in action after a brief comatose situation during Nov-Dec 2016 period and stimulate

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in