Economy & Market

Experts give a thumbs-up to Budget 2021; say proposal will benefit cement, heavy industries, insurance & banks

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FM Nirmala Sitharaman's push reinvigorating the economy with higher capital expenditure rather than taking the taxation route cheered both markets and experts as they gave a meaty thumbs-up to the Budget proposals.

Finance Minister Nirmala Sitharaman seems to have delivered on her promises of a historic Budget given the one side run in the stock market, something which has evaded the FM since her time at

the office. The Budget which comes in the backdrop of a pandemic-ridden year focused on six pillars- Health and Wellbeing, Physical and Financial Capital, and Infrastructure, Inclusive Development for

Aspirational India, Reinvigorating Human Capital, Innovation and R&D and minimum government and maximum governance.

FM's push reinvigorating the economy with higher capital expenditure rather than taking the taxation route cheered both markets and experts as they gave a meaty thumbs-up to the Budget proposals.

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