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The budget this time comes at a time when the country has faced two waves of Covid, while facing the third wave. In such a situation, everyone’s eyes will be on the budget this time. Due to the third wave, there is a feeling of doubt in the market. Let us tell you that Finance Minister Nirmala Sitharaman will present the budget on February 1st.
In response to which sector will be the focus this time in the general budget, analysts say that apart from real estate, public sector, infrastructure, the focus may remain on some sectors. Ravi Singh, vice president and head of research at Share India Securities, says: “A lot of government assistance is being provided to get the economy back on track. Now we hope that the budget can be focused on sectors such as banking, automobiles, infrastructure, fertilizers and sugar.
Manoj Dalmia, founder and director of Proficient Equities, says there are three sectors to focus on right now:
1- Real Estate – Tax exemption is expected. This is the best time to focus on this sector.
2- Monetization of Assets of Public Sector Companies under the National Monetization Channel (NMP).
3- Infrastructure, railways and agriculture are also some of the key areas to focus on.
Tell me, where on the one hand the budget is going to be presented on February 1st. At the same time, the country’s economic survey may arrive on January 31.