Budget 2021: Infra Push Can Boost Economy, Improve Competitiveness

The changing norms in the world post-COVID-19 have forced businesses to change their ways of doing business. As India gradually turns towards the road to recovery, consumers, businesses, and industries are expecting measures and relief in the Union Budget 2021 that can help them outmanoeuvre pandemic-related challenges and thrive in the future. We expect the government to focus on three key issues.

Infrastructure, health, skills, and defence to spur activity, demand, and jobs

The government will likely focus on investing in building robust infrastructure and productive assets, which will be key in realising India’s self-reliance ambition. Infrastructure is one area where India needs to scale up significantly to compete with its peers globally.

Source: Business Today

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