Budget’s Impact on BFSI Sector to be Positive – India Exim Ban

India Exim Bank held a master class to analyze the Impact of Union Budget 2021 on select key sectors of the Indian economy. Economists from India Exim Bank

Jahanwi Singh and Neha Raman broadly covered the key deficit indicators for the government, major measures announced in the Union Budget, impact on select sectors, and impact on exports due to the Budget.

According to India Exim Bank’s recommendations, eleven sectors will be impacted either in a moderately positive or positive way due to the Budget announcements. These sectors are Agriculture and Allied Sectors, BFSI, healthcare, and related sectors, Auto and Auto Components, MSME, Gems and jewelry, Leather, Electronic, Machinery and Parts, and Shipping.

The impact of the Budget on the Textile sector, Energy, and Chemical and Allied sectors will be neutral.

source https://nrinews24x7.com/budgets-impact-on-bfsi-sector-to-be-positive-india-exim-ban/?utm_source=rss&utm_medium=rss&utm_campaign=budgets-impact-on-bfsi-sector-to-be-positive-india-exim-ban

February 05, 2021