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Modi's Budget Balancing Act

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

03-Feb-23 07:30

Modi's Budget Balancing Act

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:  politicsinternationaleconomycontroversiesCorporates

Tags:  india budget 2023adaninarendra modi

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