Markets were being greedy; sops announced are the need of the hour

The proposals are direct humanitarian assistance provided to the masses and this was the need of the hour. The markets were being greedy and selfish to expect relaxation in long term capital gains tax (LTCG), changes in buyback norms and dividends. I don’t think in these times such measures are top of the mind agenda. Since the stock markets were expecting such proposals, we saw the indices trim gains. They do seem disappointed. Instead of helping the stock market, the government did the right thing by helping the masses. The proposal of 800 million poor people in the country getting