Next Budget will have ”vibrancy” for sustainable economic recovery; momentum on infra spending to continue

Indian economy has shown a greater resilience and expects a sharper growth trajectory in 2021.The positive GDP outlook forecasted is indicators of rebounding economy with fiscal measures that stimulated supply side of economics and pent-up demand from consumer beckoned demand impetus. The fundamental growth story of India remains optimistic with being one of the largest consumer markets of the world. The Government’s mission of a $5 Trillion economy with Atmanirbhar Bharat objective continues to attract global investment in backdrop of measures taken to improve ease of doing business and innovative policy reforms. The Government spending is expected to increase voluminously as it will lead to employment generation and multiplier effect on allied industries to scale up. We also expect the government to further rationalize individual taxation which acts a breather for consumers and helps the economy recuperate quickly

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