Market focuses on how India tackles the ‘impossible trinity' in the upcoming budget: Kotak AMC
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Nilesh Shah, an industry expert, believes that the upcoming India budget in 2024 should prioritize investment in infrastructure, fiscal prudence, and support for the bottom end of the social pyramid. Additionally, he sees significant potential in India’s debt market. It is crucial for the government to address these key issues to promote economic growth and inclusivity. Shah also highlights the vast opportunities that exist in India’s debt market. This emphasis on investment and support, coupled with a focus on fiscal responsibility, can lay the groundwork for a strong and sustainable economy.