Budget 2023 Reactions: Kotak Mahindra Asset Management Company MD lauds 'Baahubali budget'
Union Finance Minister Nirmala Sitharaman presented the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections.
Union Budget 2023: Union Finance Minister Nirmala Sitharaman presented the last full-fledged Union Budget 2023 of the Modi government before the 2024 Lok Sabha elections. The Budget Session of Parliament began on Tuesday and the first part will conclude on 13 February. The Parliament will re-convene on 12 March for the second part of the Budget Session that will conclude on 6 April.
Mr. Navneet Munot - MD & CEO, HDFC Asset Management Co Ltd: “Balancing the expectations of an aspirational country like ours with fiscal prudence is no mean task. The first budget of ‘Amritkaal’ did a fine job of balancing the two, especially against a challenging global backdrop. This budget builds up on the reforms initiated over the past few years with a focus on improving India’s growth potential and quality of life. Continued focus on capex, job creation and special mention of financial sector reforms are encouraging. Now with the event behind us, markets’ focus shifts back to global cues, monetary policy and incoming data points."
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