In my view, this time the union government has presented a very prudent yet visionary budget to meet the goal of $5 trillion economy by 2025. Government's sole emphasis on Investment, Boosting domestic manufacturing, Increasing Exports and Infrastructure clearly indicates the government's willingness towards making India a self-reliant and fearless superpower.
Although, one cannot ignore the obstacles that might come in our way.
Budget 2022 was devoid of consumption boosting measures and many people were expecting tax exemptions to boost direct demand in the economy. If the cyclical nature of pandemic continues to persist, then it might pave way for economic tailwinds.
In my view, this time the union government has presented a very prudent yet visionary budget to meet the goal of $5 trillion economy by 2025. Government's sole emphasis on Investment, Boosting domestic manufacturing, Increasing Exports and Infrastructure clearly indicates the government's willingness towards making India a self-reliant and fearless superpower.
Although, one cannot ignore the obstacles that might come in our way.
Budget 2022 was devoid of consumption boosting measures and many people were expecting tax exemptions to boost direct demand in the economy. If the cyclical nature of pandemic continues to persist, then it might pave way for economic tailwinds.