The budget announcements, including direct cash transfer to farmers, will provide a major impetus for consumption and bode well for the capital market, experts said.
The budget, presented by Finance Minister Piyush Goyal on Friday, is a well-rounded attempt of presenting something for everybody, they added.
Manish Gunwani, CIO Equity Investments at Reliance Mutual Fund, said the budget -- the last before the general elections -- is pro-consumption as significant stimulus has been provided for farmers and middle class. Читать дальше...