HomeNewsOpinionBudget balances consumer spending boost with fiscal discipline, focus now shifts to RBI

Budget balances consumer spending boost with fiscal discipline, focus now shifts to RBI

This Budget has focused on reviving consumption while maintaining fiscal stability, crucial for enabling lower interest rates. A significant move is the tax relief for the middle class, which is expected to boost disposable income and consumer confidence.

Nilesh Shah is the Manging Director at Kotak Mahindra AMC

Nilesh Shah is the Group President & MD at Kotak Mahindra Asset Management Company.

first published: Feb 1, 2025 09:08 pm

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Budget balances consumer spending boost with fiscal discipline, focus now shifts to RBI

This Budget has focused on reviving consumption while maintaining fiscal stability, crucial for enabling lower interest rates. A significant move is the tax relief for the middle class, which is expected to boost disposable income and consumer confidence.

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