The Centre has announced several measures to cushion the poor, and rolled out structural reforms that are a long-term positive, say experts. But, the markets may be disappointed in the short term, as not sufficient steps have been take to revive demand.
Jyotivardhan Jaipuria, Founder, Valentis Advisors
Markets will be disappointed in the short term as there is not much to stimulate the demand. A lot of these measures are good in the long term. The worry now is more on how do we revive the economy in the short term. And, that has been the missing element in this