Budget 2021 Will Aim For A Booster Dose For Growth: Nirmal Bang Preview
An employee holds a syringe containing a sample of raw milk (Photographer Brendon Thorne/Bloomberg)

Budget 2021 Will Aim For A Booster Dose For Growth: Nirmal Bang Preview

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Nirmal Bang Report

We expect Budget 2021 to provide a booster dose for growth by focusing on government spending on infrastructure, rural and healthcare.

The thrust on rural spending is expected to prevail, as full-fledged urban recovery will be tied to the end of the pandemic, which is most likely to occur only in H2 FY22.

Urban infrastructure and housing will receive due thrust to support urban job creation. The micro, small and medium enterprises sector has been hard hit by the pandemic.

Therefore, we expect further incentives to ease the stress and boost credit flow. Incentives to support the real estate and hospitality sectors are also likely.

Click on the attachment to read the full report:

Nirmal Bang Union Budget Preview 2021-India Economy-18 January 2021.pdf

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