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Anand Rathi Report
The union budget FY22 did not allow a good crisis to go to waste.
Making up for the lack of a decisive fiscal stimulus in 2020, the budget has simultaneously rolled out uncluttered measures to stimulate investment, especially in infrastructure, healthcare, financial and select manufacturing sectors, and signalled progressive withdrawal of government from commercial activities.
The budget is positive for the Indian equity market and could be neutral for the debt market if tactically implemented.
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