Modi's Budget Balancing Act
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
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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
Produced by: Shazana Mokhtar
Presented by: Shazana Mokhtar, Philip See, Chong Tjen San
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Categories: politics, international, economy, controversies, Corporates
Tags: india budget 2023, adani, narendra modi,