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Budget, govt-RBI bonhomie giving FIIs a lot of optimism


Budget, govt-RBI bonhomie giving FIIs a lot of optimism
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Last Updated: Feb 11, 2021, 11:10 AM IST
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Synopsis
The recognition and the focus on social infrastructure, health and well-being and addressing the need for inclusive growth was a welcome positive.
MD, Freedom Financial Services LLC
Sachdev is MD, Freedom Financial Services LLC and Senior Advisor, Brandeis University. He has over 26 years experience in the global financial services in various leadership positions building game-changing asset management businesses.
The Indian Budget last week was a good step forward to bring more transparency to the process. The government’s acknowledgment of the expected fiscal deficit was clearly a step in the right direction. Additionally, the recognition and the focus on social infrastructure, health and well-being, and addressing the need for inclusive growth was a welcome step. ....

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