Infra funding, digitisation may pave path to recovery: Experts
January 27, 2021
× Increased investment in infrastructure, simplification of taxation rules and digitisation are some of the key areas that Budget 2021-22 should focus on to revive the pandemic-hit Indian economy, according to experts.
Experts discussed the key expectations from the Budget at a panel discussion titled ‘Unleashing the animal spirit in a pandemic-hit economy’ at
BusinessLine’s Countdown to Budget 2021 webinar on Wednesday. The discussion, powered by HDFC Bank, was moderated by Aarati Krishnan, Editorial Consultant,
BusinessLine.
Increased spending
One of the key things that the Budget needs to focus on is increased spending on sectors such as infrastructure and healthcare. “So far, the government has been conservative on the fiscal front, but I think this is not the year to be conservative,” said Dharmakriti Joshi, Chief Economist, Crisil. “A solid blueprint for reviving public inves