Riding on newly laid digital rails, enterprise inspired by start-ups and political will, this Budget has launched an irrevocable makeover of India. EPISODE #59
It was indeed heartening to note that you are back in the newsroom on Budget day Anil and the interview with Finance Minister Nirmala Sitharaman ji, helped me to understand the thought process that went into the making of this Budget. Mobilization of the huge resources in the hands of the people, continuing with investments in infrastructure and aiding the agricultural sector with food processing and other industries, will surely lead to huge employment generation and also help to ease the underlying problem of underemployment, especially in the farming sector. The note of caution with the rising petroleum and metals prices was the realistic assessment of the situation. In case more Covid variants don't pop up, the aviation, tourism and hospitality sectors will lap up the bottled demand. Personally I was left with a optimistic feeling that had it's root in the assessment of the Budget by Haseeb Drabu and yourself. Thanks for some great reading and watching.
Glad you liked the piece. Agree with you that the contact economy--currently in the doldruns--is the growth bonus. If the virus is kept abay, then this sector will be the booster shot for economic growth.
Your interview with the FM was great! Clear and crisp questions which were so well answered by the FM.The analysis of the Budget in The Open Magazine further cleared the doubts.
As you rightly say this year's budget is a sensible one , doesn't overpromise and it brings a sense of optimism. However, the global macroeconomic environment is changing and most countries are now experiencing a bout of inflation. India is now facing a situation of " imported inflation ".the fiscal deficit is around 6.4% of GDP. The RBI faces a dilemma whether to control prices or interest rates?
Thank you for your kind words. Glad you liked the interview. I thought the FM was very candid in her views. You are right the macroeconomics risks are a matter of concern. Additionally theatre is the threat of the virus.
Every Monday morning, the first thing I do is to open my personal mail box to check for you latest article. It is genuinely insightful and interesting to read your thoughts on the current news. Really appreciate the same.
It was indeed heartening to note that you are back in the newsroom on Budget day Anil and the interview with Finance Minister Nirmala Sitharaman ji, helped me to understand the thought process that went into the making of this Budget. Mobilization of the huge resources in the hands of the people, continuing with investments in infrastructure and aiding the agricultural sector with food processing and other industries, will surely lead to huge employment generation and also help to ease the underlying problem of underemployment, especially in the farming sector. The note of caution with the rising petroleum and metals prices was the realistic assessment of the situation. In case more Covid variants don't pop up, the aviation, tourism and hospitality sectors will lap up the bottled demand. Personally I was left with a optimistic feeling that had it's root in the assessment of the Budget by Haseeb Drabu and yourself. Thanks for some great reading and watching.
Dear Gautam,
Glad you liked the piece. Agree with you that the contact economy--currently in the doldruns--is the growth bonus. If the virus is kept abay, then this sector will be the booster shot for economic growth.
Best
Anil
Dear Anil,
Your interview with the FM was great! Clear and crisp questions which were so well answered by the FM.The analysis of the Budget in The Open Magazine further cleared the doubts.
As you rightly say this year's budget is a sensible one , doesn't overpromise and it brings a sense of optimism. However, the global macroeconomic environment is changing and most countries are now experiencing a bout of inflation. India is now facing a situation of " imported inflation ".the fiscal deficit is around 6.4% of GDP. The RBI faces a dilemma whether to control prices or interest rates?
Dear Vandana,
Thank you for your kind words. Glad you liked the interview. I thought the FM was very candid in her views. You are right the macroeconomics risks are a matter of concern. Additionally theatre is the threat of the virus.
Best
Anil
Hi Anil
Every Monday morning, the first thing I do is to open my personal mail box to check for you latest article. It is genuinely insightful and interesting to read your thoughts on the current news. Really appreciate the same.
Dear Lakshmisha,
Thank you so much for your kind words. Delighted you enjoy the weekly read. Extremely encouraging. Thank you and do share your feedback.
Best
Anil