Experts Bat For Better Governance, Compliance Simplification In Budget 2021

Ashish Chauhan, MD and chief executive officer, BSE Ltd who thinks that the budget should not lean much on the banking system for economic ramifications

In Union Budget 2021, industry experts are hoping that the government will focus on better governance in banking sector, simplification of compliance and regulation, besides the government’s emphasis on job creation, and a swift action on sectors that are under chronic stress. As India limps back towards growth, Union budget will lay the ground for supporting the economy in creating business opportunities and jobs. The financial system has been under severe stress following covid outbreak, while the stock markets have recovered, the banking system is still battling asset quality issues.

Source: livemint

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