Opportunity to monetise $50-60 bn infra, realty assets: Daga of Edelweiss

The CEO of Edelweiss Asset Management dwells on the Budget proposals and how they will impact various sectors

The recent budget has given a great deal of impetus to infrastructure, offering new sops to infrastructure investment trusts (InvITs) and real estate investment trusts (REITs). Hemant Daga, chief executive officer of Edelweiss Asset Management spoke to Raghavendra Kamath on the budget proposals and how they will impact various sectors. Excerpts:

What is your view on the Budget proposals?

The government has rightly defined its priorities by focusing on infrastructure spending, asset monetisation, privatisation of state-owned companies and incentivising foreign investment. This budget will help India build infrastructure and growth capital in the medium term. The fiscal deficit target of