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"

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