'Businesses are less willing to take risks'
Business Standard|August 01, 2024
Foreign investors and India Inc often express concerns about regulatory consistency, infrastructure quality, and ease of doing business in India, says RASHESH SHAH, chairman of Edelweiss Group, in an email interview with Puneet Wadhwa. Budget 2024 maintained a balance between populism and pragmatic economic planning, he observes. Edited excerpts:
Puneet Wadhwa
'Businesses are less willing to take risks'

Has the Budget adequately addressed the issues of employment generation, growth, consumption, and wealth creation?

Budget 2024 robustly addresses employment generation, growth, consumption, and wealth creation. We believe it prioritises long-term economic stability and inclusive development, focusing on key areas like employment, manufacturing, and infrastructure.

Do you think the government's focus will shift more towards populism as political parties gear up for state elections in the next few months?

As state elections approach, there may be populist measures. However, the current Budget maintains a balance between populism and pragmatic economic planning. This balanced approach reflects a strategy that combines short-term electoral incentives with long-term economic objectives.

Has the middle class been dealt a blow with the changes in the tax treatment of capital gains across asset classes, especially real estate?

هذه القصة مأخوذة من طبعة August 01, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 01, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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