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Business Today
|February 21, 2021
Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman’s ‘Never-before’ Budget
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In one of the toughest years to present a Union Budget — when the Indian economy witnessed the sharpest GDP contraction in years due to the Coronavirus outbreak — Finance Minister Nirmala Sitharaman went all out to increase capital expenditure in infrastructure and healthcare, and unveiled plans to monetise state assets, privatise state-owned banks and insurance companies. Sitharaman had already raised expectations calling it the ‘Never Before Budget’ weeks before it was presented. On Budget day, the BSE Sensex responded with a gain of 2,315 points (5 per cent), its biggest rise after a Union Budget since 1999. Business Today spoke to economists, CEOs, consultants and sector specialists to gauge the mood of the country regarding Budget 2021.
Dit verhaal komt uit de February 21, 2021-editie van Business Today.
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