Interim Budget Review: South Indian Bank

2 Feb 2024 , 10:06 AM

“There is enough evidence that the Government will continue on its promise to deliver economic growth. For starters, the record capex of Rs. 11.1 lakh crore is heartening. The proposed improvements to the transport infrastructure corridor through the Gati Shakti intervention will boost economic activity across the country. The focus on energy will inspire further confidence of industry. Other proposals such as the proposed launch of a housing scheme for the middle class, measures to promote dairy development and enhance oilseeds production, crop insurance, etc., will provide a fillip to the rural economy. Despite the limitations of having to present a budget that’s essentially a vote on account, the Finance Minister has provided enough evidence that India can look forward to a period of continued economic ascendancy.”