Madan Sabnavis

Budget 2023 has more or less maintained the ratio of size of the budget to GDP to around 15 per cent.

The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis

Banks were challenged in 2022 by the sluggish growth in deposits, which have not kept pace with credit. One reason is that deposits, unlike debt mutual funds, do not offer any tax breaks