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The Audacity Of Dreams

Financial Express Kochi

|

February 02, 2025

There are pivotal moments every decade or two that become defining for a nation. This Budget is one such

- SOUMYA KANTI GHOSH, GROUP CHIEF ECONOMIC ADVISER, SBI

The much-anticipated policy blueprint, being the Union Budget, presented by the finance minister in the august House, represents the people; it diligently goes on to lay, fabricate, and strengthen the building blocks of the country's resilient growth and also catapults the nation’s leadership on the world stage as a knowledge-centric economy.

The Budget ensures a can-do attitude that deploys variegated strategic priorities to strengthen the factors of capital formation, rewards the average/common taxpayers, and reaffirms the belief in the pillars of democracy through reforms.

The focus is two-pronged—strengthening factors of production in rural areas, MSMEs/industries, and emerging areas of service delivery where our skilled and knowledge-centric workforce upends harnessing the demographic dividend.

The Panchatatvas of the Budget revolve around five principles of the government’s commitment to accelerating holistic growth, securing inclusive development, invigorating private sector investments, uplifting household sentiments for speeding up consumption, and enhancing the spending power of the middle class, each rooted in our collective audacity to dream more, dare more, and do more.

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