Hand-hold the industry till animal spirits are out, says Sanjiv Bajaj

Sanjiv Bajaj, president of Confederation of Indian Industry (CII) and managing director of Bajaj Finserv, talks to Nivedita Mookerji about his expectations from Budget 2023

Budget’s public capex focus must continue till private sector is able to play its own part in investing, Sanjiv Bajaj, president of Confederation of Indian Industry (CII)  and managing director of Bajaj Finserv, told Nivedita Mookerji in an interview. Edited excerpts:

 

How high are your expectations from the Budget?

 

This government has been high on reforms in the past few years, especially through the pandemic. It played an important role in the form of capex support through infrastructure investment when the private sector could not grow in the same manner and add to capital investment. India is showing a reasonable amount of