Budget 2023: It’s a Bahubali budget; FM shot multiple objectives with one arrow, says Nilesh Shah, Kotak AMC

“Credible numbers are giving confidence that the Budget presented by the FM is reliable, steady & growth-oriented. The estimates are fairly conservative. 6.5% real GDP growth, some amount of inflation and tax buoyancy, 11-11.5% revenue estimates looks fairly conservative just like last year. The divestment targets which are set, can easily be achieved.”

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