Rishabh Pant came out to bat today, says CEA after FM's Budget spurs spending, lifts market

The Chief Economic Adviser, Krishnamurthy Subramanian, while analysing the Union Budget 2021 continued from where he left off in the Economic Survey, i.e. in his comparison of Indian economy's fightback from the COVID-induced slowdown to the Indian Team's stellar performance in Australia.

On stock market rally front, he said, “Rishabh Pant came out to bat and Cheteshwar Pujara having done the groundwork during Atmanirbhar Bharat-I to Atmanirbhar Bharat-III.”

In an exclusive interview to CNBC-TV18's Shereen Bhan, with Ajay Bhushan Pandey Secretary, Finance also present, he said, “The theme has been, in this budget, of under-promising and trying to over-deliver, which is a welcome break from the past and even on the growth front and tax buoyancy, I think across the board the estimate have been conservative and we certainly anticipate that all these would be achieved and it’s possible that the revised estimates may be much better than the budget.”