February 1, 2021

Budget 2021 – What’s in it for you?

PrimeInvestor Research Team / General / February 1, 2021

Fiscal spending and debt funding appear to be the primary gears that Budget 2021 plans to use in full throttle – in the hope of reviving the economy.
The big picture first. Fiscal deficit at 9.5% of GDP for FY-21 will not ease any time soon. It will take a slow path to reducing to 4.5% by FY-26. What does this mean? The thus-far fiscally-prudent government has decided it is necessary to spend to spur growth, with a slow glide path to fiscal prudence. And the stock markets love this!

Budget 2021 – What’s in it for you? Read More »

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February 1, 2021

Budget 2021 – What’s in it for you?

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