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Tuesday, December 24, 2024 | 05:42 AM ISTEN Hindi

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New govt should provide fiscal stimulus, with the very first budget

The new government however does come with a long new term, a mandate to get growth back up

BJP supporters celebrate win. Photo: PTI
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BJP supporters celebrate win. Photo: PTI

Aditya Narain
Elections are often checkpoints, in an economy and the market's long-term journey. This 2019 checkpoint is now past, and with no big surprises, should allow the government and the market to quickly focus on the road ahead.  One of the bigger positives of this election verdict is that the new government should have a fair idea of the road map, has the policymaking engine running, and can get to work immediately.  It also comes after a fairly bumpy economic ride over the last term — where a fair amount of economic reform (GST, IBC)  was initiated, and India’s corporate and
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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