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    View: Nirmala Sitharaman's Budget has growth written all over it

    The healthcare budget sees an increase of 137%, signalling a break from the incremental approach.

    Synopsis

    This budget is not a traditional ‘consumption-led’ one, but rather infra-led, one that has high multipliers of growth. While it addressed several levers to help the economy pivot towards an accelerated recovery, the planned spends in agriculture and rural development, and healthcare, will help lay a long-term foundation for growth.

    The task at hand for Finance Minister Nirmala Sitharaman was rare — to present a budget after a historic economic contraction. The budget needed to be a lot of things — bold, growth-oriented, inclusive. It was all of that, and a lot more.This budget is not a traditional ‘consumption-led’ one, but rather infra-led, one that has high multipliers of growth. While it addressed several levers to help the economy pivot towards an accelerated recovery,
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