Direct Benefit: Answer To Rural Stress?
  • WebDesk BTVI
  • Jan 31 2019

On ‘The Rajniti Of Budget 2019’, Kotak AMC’s Nilesh Shah speaking about the expectations from the Budget, says debt and equity markets will look for fiscal deficit numbers carefully. When asked about market reactions to government’s direct transfer to farmers, and its impact on the economy, he says markets will accept if the transfer is to marginal farmers, and not if the benefit is extended to rich farmers who have large holdings of farm land.