Government, experts say that there is the possibility of continuing with the off-budget route to cover infra-related expenses
Given the slowdown in the economy and the rising prices of oil in the next few months due to cuts in potential supply by the Organization of Petroleum Exporting Countries (OPEC), market experts will focus on reviving growth in the upcoming Union Budget Expect to focus and maintain fiscal conscience so far.
In addition, the re-capitalization of banks is also important surveillance. The government says that there is the possibility of continuing with the off-budget route to cover Infra-related expenses. As such, we maintain our fiscal deficit estimates at 3.5 percent of the GDP (3.4 percent of GDP as per the interim budget), because the government has launched the Kisan Income Support Scheme and has recently expanded its scope, "Morgan Analysts wrote, Stanley recently led his Bharat Equity Strategist led by Ridham Desai in the co-author's report.
"We believe that the government will focus on maintaining continuity in policy and spending on allocated plans in accordance with the interim budget.
