Sectoral winners and losers of Union Budget 2021
Experts point out that health and infrastructure are the keys to economic growth and the government's emphasis on them will drive growth, increase employment and boost overall consumption.
February 02, 2021 / 02:44 PM IST
The Union Budget 2021 pleased the market as the equity barometer the Sensex and the Nifty rose about 5 percent on the Budget day.
The absence of negative surprises cheered the market. There was no wealth or super-rich tax, direct tax tweak, long-term capital gains tax, securities transaction tax, or a COVID tax in the Union Budget 2021.
Moreover, the Budget was seen as a long-term positive for the economy.