R Seshasayee | Budget recognizes the need for stimulus

R Seshasayee | Budget recognizes the need for stimulus
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First Published: Mon, Jul 06 2009. 04 07 PM IST
Updated: Mon, Jul 06 2009. 04 07 PM IST
New Delhi: R. Seshasayee, managing director of Ashok Leyland says that this Budget has largely remained on course.
Listen to R Seshayee’s reactions on Budget 2009
“It recognizes the fact that govt has a role to play in providing stimulus and it also recognizes the fact that public investment, stimulating consumption through public expenditure is the only way to do it in the short term. The fact that govt looks at this as a necessity is most reassuring,” he said.
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First Published: Mon, Jul 06 2009. 04 07 PM IST