Mr. Motilal Oswal, Group MD & CEO, Motilal Oswal Financial Services Ltd., said this.

“A careful balance between budgetary discipline and growth is maintained throughout the whole budget. The economy will benefit from the budget deficit being 4.4% lower than the long-term goal of 4.5%.

The budget has prioritized important issues, such as the low earnings of rural farmers, which will increase consumption both now and in the future and contribute to the recovery of economic growth. All things considered, the 11.2 lakh crore projected capital expenditure is consistent with market forecasts. Several industries will benefit from concentrating on MSME manufacturing.

FMCG, car footwear, and other consumption-driven industries will benefit from the sectoral budget. By lowering the middle class’s income tax, she scored six runs in the last over.

In the medium to long term, I continue to be optimistic.