'Interim Budget populist; elections remain biggest near-term trigger'

The Interim Budget is a typical election budget but it also shows continuation in the endeavor of the government to improve the income level of lower sections of population, Aggarwal says.

The Interim Budget 2019 presented by Finance Minister Piyush Goyal on Friday got a thumbs up from most analysts, given its focus on rural India and middle class. However, with the hefty package announced for the farmers, worries over fiscal slippage still remain. Amnish Aggarwal, head of research at Prabhudas Lilladher, speaks to Swati Verma on the Budget proposals, its hits and misses and the broader outlook of markets hereon. Edited excerpts -  

How do you see the Interim Budget proposals?

The Interim Budget is a typical election budget, but also shows continuation in the endeavor of the government to