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Modi's Budget Balancing Act

13 mins·07:30, 3 Feb 2023
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Modi's Budget Balancing Act

13 mins
·
07:30, 3 Feb 2023
·

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Guest: Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

The Narendra Modi government laid out a slew of measures in the federal budget tabled this week to bolster job creation and attract investment ahead of elections due in the next 15 months. However overshadowing the budget tabling is the ongoing market rout of Adani Group, one of India’s largest conglomerates; billionaire founder Gautam Adani is known to have close ties to Modi. We discuss the implications of the budget and the Adani saga with economist Vishnu Varathan.

Image Credit: Amit.pansuriya / Shutterstock

Presenter: Shazana Mokhtar, Philip See, Chong Tjen San

Producer: Shazana Mokhtar

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