“This is a good sequel to last year’s pathbreaking budget.
The biggest point is the capex spending, and it comes from a position of confidence. The other
aspects are the focus on ESG, and promotion of domestic industry. The growth aspiration of 9.2% is
exciting.
Announcements around private equity investments are interesting, and should help removing regulatory cholesterol.
Announcements on GIFT City should provide additional impetus to the existing initiatives," says Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas on Budget 2022.