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Even if no reforms are announced, it will still be a good budget

Manufacturing is one of the sectors that will be in the limelight in the finance minister's speech. It has been a key sector for the government over the last couple of years

January 31, 2022 / 07:28 AM IST
Anuj Jain is the Co-founder and Research Head at Green Portfolio

Anuj Jain is the Co-founder and Research Head at Green Portfolio

All eyes are on the upcoming Union Budget. Markets have been bleeding from the last couple of days and any positive news from the government may boost investors' sentiment. Anuj Jain, Co-founder and Research Head of Green Portfolio, says even if the government doesn't announce any reforms, on February 1, it will still be a good budget. "The ‘Indian Economic Growth Engine’ is already on a high-speed track, just don't interfere with it."

Jain believes manufacturing is one of the sectors that will be in the limelight in the finance minister's speech. It has been a key sector for the government over the last couple of years and PLI (production linked incentive), Aatmanirbhar Bharat, and Make in India have all been the brainchild of this.

What announcements by the finance minister are likely to lift the market sentiment on the budget day?

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