This time the Budget is going to be very important. This is a terrific opportunity for the government to lay out some very important pointers in terms of where its policies on the economy are likely to be headed over the next few years. Whether it has to do with fiscal consolidation, tax reforms, divestment, infrastructure commitments and I would hope that we would see some very clear statements in all of those areas.I think that the finance minister will definitely target to reduce the deficit in this budget. Also I feel as the entire world is watching India at this moment, hence a statement on our growth is important while keeping in mind that prices & interest rate need to be controlled as we don't want to end up with a heated up economy.
If I were to view the up coming budget from a general consumer point of view, I feel it is important that the budget emphasis & build confidence in the mind of the end customer on how they can reap benefit from this current & projected growth.
Mr. Sumeet Vaid, Founder & MD, Ffreedom Financial Planners
No comments:
Post a Comment