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Dolat Capital Report
Since the advent of the Covid-19 crisis the economy has been grappling with pressures both on the supply side and the demand side.
With consumer confidence severely hit, the revival of demand remains the key concern for the government.
To address this pressing concern, the Finance Minister Nirmala Sitharaman came in the fore front to announce a slew of measures aimed at boosting demand through consumer spending (approx. Rs 36,000) and capital expenditure (approx. Rs 37,000).
With a conservative estimate of infusing a demand (inclusive of public plus private sector) of approximately Rs 1 lakh crore through the said measures, the announcements mark as a major catalyst to boost growth going ahead.
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