Can Budget 2024-25 Drive Economic Growth? ICICI Direct's Pankaj Pandey Shares His Views.
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Published 2024-07-22
ICICI Direct's Pankaj Pandey explains why this budget is expected to be growth-oriented. He highlights that a favourable monsoon is anticipated, and inflation likely to remain within a normal range of 4.5%-5%. With robust GDP growth over the past three years, this budget is poised to continue the growth trajectory. Pankaj Pandey notes that the coalition government’s influence might shape the budget’s direction, which is likely to focus on capital expenditure. He also points out the need to consider any elements of populism that could affect the budget’s impact. Watch this video for Pankaj Pandey’s insights on what to expect from Budget 2024-25.
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