BW Businessworld organised post-budget 2017 analysis roundtable powered by Newsx focused upon ‘What investment experts expected from the Union Budget and what are the take-aways,’ at Trident, BKC, Mumbai.
Budget 2017 stance on fiscal prudence is also expected to keep interest rates low and provides more thrust on infrastructure activity. The budget has laid out a road map targeting the fiscal deficit to 3.2 percent for FY 2017-18 and 3 percent for 2018-19. As a result, interest rates is more likely to remain on a lower trajectory. Besides, Budget 2017 signals a continuation of policy of the last three year’s encouraging investors towards financial assets. Over the past few years, thanks to a lower inflation, investors are moving into financial assets.
