Business Standard

A growth-oriented Budget, says NSE MD & CEO Ashishkumar Chauhan

"The Budget would support growth and the Indian consumption story, and keep us in good stead, given headwinds in China and developed markets and until the rest of the world eases"

Ashish Chauhan, MD & CEO, NSE
Premium

Ashishkumar Chauhan, MD & CEO, NSE

Ashishkumar Chauhan
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 allotting lots of money to the states. The fiscal deficit has been reduced from 6.4 per cent to 5.9 per cent of GDP, with a clear path to reach 4.5 per cent in the next three years.

The focus on infrastructure, as seen in the rising capex outlay from Rs 7.5 trillion to Rs 10 trillion, combined with PM Gati Shakti and this government’s ability to execute, would be visible through

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