Budget 2017: Nilesh Shah Sets the Markets’ Expectation

Nilesh Shah expects the government to cut taxes and put more money in the hands of the consumer.

Ahead of the Finance Ministry releasing the 2017 Union Budget on 1 February, Nilesh Shah, MD of Kotak AMC spoke to The Quint on what to expect from this highly anticipated first budget since the controversial move to demonetise Rs 500 and Rs 1000 notes.

Speaking to The Quint, Nilesh Shah explains that the market expects the Finance Minister to cut taxes and put more money in the pockets of the common man, thus spurring growth, but at the same time also ensure that the it raises enough money for increased investments.

Producer: Anubhav Mishra