Budget 2021 Expected To Focus On Consumption; Revival Of Private Sector Investments: KRChoksey  
A customer counts Indian rupee banknotes. (Photographer Dhiraj Singh/Bloomberg)

Budget 2021 Expected To Focus On Consumption; Revival Of Private Sector Investments: KRChoksey  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

India remains a high growth story when compared globally; and structurally well placed in a global/emerging market context with high savings rate; low debt burden (both household and government debt) and sound forex reserves with enough headroom to increase tax revenue contribution to gross domestic product.

We view the near-term economic slowdown in India as a ‘temporary situation’ and expect the series of coordinated measures between the government and central bank to help revive the economic growth trajectory and to achieve the anticipated target of $5 trillion economy by 2025.

Click on the attachment to read the full report:

KRChoksey Union Budget FY22 Preview .pdf

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