10: What financial markets hope for in Budget 2021? | Part-1

Governments across the world are spending their way out of the present covid-19 triggered crisis. India’s central government hasn’t made a big splash with spending, given fiscal constraints. The economy got its booster shot largely through credit, rather than fiscal support. But now, with the recovery setting in, the economy requires its fiscal dose and markets are ready with their list of must-dos for the finance minister. Joining our moderator Mitali Mukherjee are Pranjul Bhandari (chief India economist, HSBC), Neelkanth Mishra (India strategist and co-head of equity strategy, Asia Pacific, at Credit Suisse), R Sivakumar (head-fixed income at Axis Mutual Fund) and Vetri Subramaniam (head – equity at UTI Mutual Fund).